How to Price Your Home Right in Visalia's Market

Pricing your home correctly is one of the most important factors in selling your home quickly and for the best price. In Visalia’s real estate market, the right price can help you attract more buyers and avoid your home sitting on the market for too long. Here’s how to price your home competitively in today’s market.

• Start with a Comparative Market Analysis (CMA)
  A CMA compares your home to similar properties that have recently sold in the same area. Your real estate agent (like me!) can help you obtain a CMA to ensure that you’re offering a fair price based on current market conditions, neighborhood values, and comparable homes.

• Consider Market Conditions
  If you’re in a seller’s market with limited inventory, you may be able to price your home a little higher due to demand. In a buyer’s market, where there’s more competition, pricing competitively is key to attracting interest.

• Account for Home Condition and Upgrades
  If your home is in excellent condition and has recent upgrades, such as a renovated kitchen or new roof, you can price it higher. Buyers are often willing to pay a premium for homes that are move-in ready and offer modern amenities.

• Don’t Overprice
  While it might be tempting to price your home higher than the market suggests, overpricing can be detrimental. Homes that are priced too high tend to sit on the market longer, and may eventually need price reductions, which can hurt your home’s appeal.

• Work with an Experienced Agent (like me!)
  An experienced local agent who knows the Visalia market can provide valuable insights and help you price your home accurately. They’ll also be able to provide insights into local trends and buyer preferences, helping you make the best decision.

Pricing your home correctly in Visalia’s market is crucial for a successful sale. By using a CMA, considering market conditions, and working with an experienced agent (like me!), you’ll be able to price your home competitively and attract serious buyers.

Your Visalia real estate advisor,

Katie Howison

559.281.6920

www.HowisonHomes.com

Santy Phillips Real Estate Group | ΓEA⅃ Broker

DRE 02229029

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