If you’re first-time homeowner, you’ll probably experience some trial and error before you know how to properly

Dated: November 14 2018
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Your neighbor’s home sold recently, but it has a pool, an updated kitchen, and a cracked foundation. Your house doesn’t have a pool, doesn’t have a cracked foundation, and has an extra floor. Comparing the two just won’t work.
Real estate prices can move up or down quickly. Old sales have little to do with the amount you should ask for your home today.
A recent property sale that has the exact specifications as yours doesn’t mean much if the home is in a completely different neighborhood. Sometimes property values can even vary from one block to the next.
No buyer will pay more because the house was your first, your parents’, or where you raised your children.
Most home seekers don’t want to deal with unreasonable sellers, which is what they could think if you price your home too high. You may eventually have to lower the price below what would have attracted an offer if you had started out with a reasonable number.
You may want to net a certain amount from the sale of your home to buy another property or pay down debt; unfortunately, that doesn’t matter to buyers.
A remodeled kitchen boosts your home’s value, but by how much? It could be more or less than you paid.
You can find websites that tell you how much your home is worth. Look closely at what they say about their accuracy, though.
What should you do? Hire me as your REALTOR, I have the most accurate data for your current market and the aspects of your property that can affect your asking price. Together, we can come up with a pricing strategy for a successful sale.
Se Habla Espanol. Olga Vega-Carter is a licensed Real Estate agent with SPI Realty. Olga Vega-Carter, a native of Port Isabel, Texas, is a member of one of the founding families of the Laguna Ma....
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