How to research your local real estate market to see how your house stacks up against 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.
When preparing your property for sale, you should keep in mind the kind of buyers in the area. This will help to determine your target market quickly.
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.