The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we have had some buyers and sellers ask us, “What is the market value of a home?” The market price is what a buyer is willing to pay for a home, and that a seller is willing to accept. A home’s market value often is a good starting point for all kinds of things. Listing agents use market value to help sellers come up with a fair asking price for their home. And, since buyers shouldn’t just trust what sellers say their place is worth, their own agent can also estimate the home’s market value and come up with a different price that they think their clients should offer. No number is right or wrong; the ultimate deciding force is what price a buyer and seller are willing to shake hands on to close the deal. Check out below to see what sold in Country Club Village in May 2017:
But the thing to remember with market value is that at the end of the day, the price of a home is all in the eye of the beholder. The only number that matters is what a buyer and seller can agree sounds right, so don’t take any number you see too seriously. For more information on Country Club Village, or similar Northville or Novi neighborhoods such as Hickory Creek, Lairdhaven and Blue Heron Pointe, contact The DiMora Team today at 248-505-7728 or firstname.lastname@example.org.