Pricing a house is like art, there’s no magic formula. The four factors that determine the value of your home are: a) Property Condition; b) Market Condition; c) Property Location and d) Asking Price. The “art” part comes in with the realtors perception and knowledge of the local market, down to your neighborhood. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that its best to see what other houses sold for within a mile of your house, if that’s difficult to determine because of low sales, then what are comparable homes selling for in similar neighborhoods throughout your area. The listing price is a starting point, and it should be driven by your motivation to sell. If you are not in a hurry to sell, then go for the higher end of the price suggestion, if you have to sell sooner, then price it somewhere in between, leaving some room for negotiations since nobody offers full price these days. Check out below to see what sold in Abbey Knoll in October 2015:
956 Whitegate Court, Northville: 3 bedrooms, 2.2 bathrooms, 2,351 sq. feet, 2 car garage, Sold Price: $392,500
If you cannot come to a conclusion from this information, then use the highest estimate and make an adjustment within two weeks or more time if needed depending on your markets activity level to bring it within the best and optimal asking price. For more information on Abbey Knoll, or similar Northville or Novi neighborhoods such as Jamestowne Green, North Hills and Northville Estates, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.