What you personally need to gain from the sale of your home has no bearing on what the list price should be. The value of the home is set in history; what has sold in the past few months. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we have seen current homes sitting on the market for a long time because they are priced too high. They are not the ones to base your list price, because obviously it isn’t working. If your home sale price is too high, the bank will not lend the buyer the amount of money they need to purchase the house. The best thing is to start with a CMA from a reputable realtor who will give you the truth about the value of your home. Not just someone who will tell you what they think you want to hear to just to obtain the listing. Then do your number crunching and planning. If the realistic number makes good sense with your goal then go for it. Check out below to see what sold in Northville Colony Estates in October 2015:
42259 Ludlow Court, Northville: 3 bedrooms, 2 bathrooms, 1,584 sq. feet, 2 car garage, Sold Price: $265,000
Northville Colony Estates Home Sold
October 2015
15718 Portis Road, Northville: 4 bedrooms, 2.2 bathrooms, 2,229 sq. feet, 2 car garage, Sold Price: $287,500
Northville Colony Estates Home Sold
October 2015
The only way to successfully sell an overpriced home is to pray for a cash buyer. A cash buyer won’t need an appraisal because there is no bank involvement. For more information on Northville Colony Estates, or similar Northville or Novi neighborhoods such as Orchard Ridge Estates, Roma Ridge and Turtle Creek, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.