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Coconut Creek Real Estate: Determining A Home's Value

When selling a Coconut Creek home one of the most important pieces of the puzzle for both the seller and the buyer is price, and lets face it, price matters.  The seller without a doubt has a value in mind when he decides to sell his home.  A Realtor will conduPricing a Coconut Creek home appropriately can make the difference between selling it or notct a Current Market Analysis (CMA), comparing homes that have sold in the area, both what similar homes have sold for and what has sold recently.  Conducting a CMA should reveal what is a fair price to list a home at, however certain features can tweak the price per square foot value of a home, such as a homes finishes, upgrades, and assets.

 

When a Coconut Creek home goes under contract a professional appraiser will appraise it.  The appraised value is similar to a CMA, it is based on the local real estate market, sales of comparable homes, the condition of the home and a few other criteria.

 

While the value of a home is first determined by the seller it ultimately is the buyer who sets the price, this is known as Market Value in real estate.  Market Value is what a home actually sells for and can be higher or lower than asking price.  A Coconut Creek Realtor is a valuable tool in the selling of a home because pricing it right can designate how long it takes to sell.

 

For the best in Coconut Creek real estate experience and knowledge contact Silva Stoyanova at 954-673-4402.  Silva has access to the Coconut Creek MLS and all available listings in the area.



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Posted on May 25, 2010 22:45:36 by Real Estate Blog Author   silva.stoyanova - View Profile Real Estate Blog Categories   Posted in Guide for Sellers

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Silva Stoyanova, PA
Cell: 954-673-4402
Email: silvas@remax.net

RE/MAX Complete Solutions
21301 Powerline Rd #106, Boca Raton, FL 33433
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