The best way to look at your home’s overall position in the market is to look at your property through the buyer’s eyes. Buyers are ultimately the people who determine a property’s value. A buyer is going to look at five things when they are judging the value of your home:
- Where it is located
- The extras or special things that are part of your property or house (e.g., a fireplace, type of flooring, new updates, a deck, the size of the yard, etc.)
- Your home’s floor plan (the number of bedrooms, bathrooms, how large it is, etc.)
- The price
- The condition of your current home
You can’t control where your home is located, and it is often not cost-effective to modify your property’s floor plan or to add features to your home, like a fireplace or a deck.
You need to focus on what you can control – the price and the home’s condition.
You can learn more about how to improve the condition in our staging section.
However, focusing on price is critical to making your home selling journey go smoothly. You can read more about how you can price your home correctly and learn about the current market conditions.
You can also continue reading about the next steps in the selling process.