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Researching your market

How to research your local real estate market to see how your house stacks up against the competition.

How to Research the Competition

Having done your research on pricing and on the buyers in your market, it’s time to find out how your home stacks up against the competition. You may be asking yourself “why is it a competition?” and the reality is that you are competing against other homes in the area among buyers in the buying pool. They are comparing and contrasting to pick a winner, and you should think of it in the same way.

How to Research Home Prices

The first thing most homeowners want to know when they are looking to sell a home is to determine its price. Your property is likely your greatest asset, so it’s important to know the value before offering it for sale. There are three significant ways to evaluate your property.