Understanding Market Value in Auburn and Opelika

Posted April 12, 2011

Market-sensitive pricing can be the key to maximum market exposure and, ultimately, a satisfactory sale. The existing pool of prospective buyers in Auburn and Opelika determines a property’s value, based on: Neighborhood and Area, design, and amenities Condition of the property. Availability of comparable (competing) properties. Economic conditions that affect real property transactions. Factors that have little or no influence on the market value of a house include: The price you originally paid for the property. Your expected net proceeds. The amount you have spent on improvements. Key things to remember when pricing you home: Properties priced within market range generate more showings and offers, and sell in a shorter period of time. Properties priced too high have a difficult time selling.

Tags: Auburn, Opelika

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