When selling your home, your realtor needs to figure out what your home is worth based on the recent sales prices of similar properties in the area. Homes are unlike the majority of other things people buy in that the price isn’t set in stone. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know all realtors use comps to help the Sellers come up with their asking price, or with Buyers they use comps to come up with how much to offer. It’s an important concept for both buyers and sellers to master. Comps are more of an art than a science, which is why different professionals may come to different conclusions. Nonetheless, comps add oomph to back up whatever you’re asking for (or offering), strengthening your negotiation position and saving you tens of thousands of dollars. In other words, it pays, literally, to have comps in your corner. Check out below to see what sold in Jamestowne Green in September 2016:
44692 Mansfield, Novi: 4 bedrooms, 2.1 bathrooms, 2,040 sq. feet, 2 car garage, Sold Price: $307,000
Jamestowne Green Home Sold
September 2017
Your real estate agent will have access to databases with more detail like the multiple listing service. Realtors will also know how to synthesize all this information into an asking price (or offer) you can justify and stand by, which is important once the negotiations on a home get rolling. For more information on Jamestowne Green, or similar Northville or Novi neighborhoods such as Abbey Knoll, Northville Estates and Whispering Meadows, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.