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Housing Market Back to "Pressure Cooker Situation" But Brokers Remind Sellers "Pricing Is Still Important"

April 5, 2018

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Worried About Your House Not Selling?

November 15, 2016

Although our market as a whole has been more favorable to sellers in the last few years, demand for an individual property will vary depending on supply of each particular type of home – price point, amenities, challenges, etc.

When you are ready to sell, I will review your home from top to bottom, looking for features that provide value for a potential homebuyer. A finished basement? That increases the value. Spare space in the garage? That will also increase the value.  

 

I will also look for things that will shrink the buyer pool which will cause a home’s value to decrease. Deferred maintenance, older systems such as an older water heater or furnace, awkward floorplans, a lot of stairs, older roof or even a strange color palette may be more than some buyers want to deal with and therefore, the market price will need to reflect the lesser demand unless these are things that are going to be corrected before a home goes on the market.

 

Want to know more about market demand for your particular type and style of home? Just give me a call at (206) 730-0962 or send an email to nina.bjornstal@sothebysrealty.com.  I’ll show you how I determine the market value of your home based on supply and demand.

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