PRICING YOUR HOME
The Federal Consumer Information
Center
Naturally, you want to get top dollar for your home.
But, at the same time, you don't want to scare off potential buyers
with a price tag that's too high. Setting an artificially high price
may cause your property to languish on the market for months. Reducing
your asking price later on may lead buyers to wonder if there is
something wrong with your home.
Here are some of the factors to
consider in pricing your home:
- Your location
- Economic conditions
- Supply and demand in the local housing market
- Seasonal influences
- Local schools
- Average home prices in the neighborhood
- Your home's extras -- pool, fireplace, central
air, etc.
To determine the value of your home, you probably
will want the advice of a real estate agent or appraiser. Ask an
agent to prepare a market analysis for you, showing the recent selling
prices of three neighborhood properties comparable to your own.
The agent can help you adjust for the unique features of your own
property.
Federal Consumer Information Center
The quarterly Consumer Information Center Catalog lists more than
200 helpful federal publications.
For your free copy write:
Consumer Information Catalog,
Pueblo, CO 81009
719-948-4000
http://www.pueblo.gsa.gov.
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