Factors That Affect The Asking Price Of A Home

Factors That Affect The Asking Price Of A Home

Factors That Affect Your Asking Price

  • How quickly you need to sell
  • Repairs needed and updating
  • The amount of competition in your price category, location, and living sq. ft.
  • The availability, flexibility and affordability of financing
  • The sale prices of similar homes sold in your area during the past six months 
  • What months of the year bring more buyers to your area
  • The number of buyers looking in your home’s price range
  • The number of bedrooms
  • Location, location, location
  • Lot View

Factors That Affect Your Asking Price How quickly you need to sell Repairs needed and updating The amount of competition in your price category, location, and living sq. ft. The availability, flexibility and affordability of financing The sale prices of similar homes sold in your area during the past six months to one year What months of the year bring more buyers to your area The number of buyers looking in your home's price range The number of bedrooms Lot View Factors That Should Not Affect Your Asking Price The original cost of the property; price is determined by today's market The total cost you've invested to make improvements The cost to build your home today Emotional attachment The opinions of friends and neighbors

Factors That Should Not Affect Your Asking Price

  • The original cost of the property; price is determined by today’s market
  • The total cost you’ve invested to make improvements
  • The cost to build your home today
  • Emotional attachment
  • The opinions of friends and neighbors