Fairplay, Colorado

What Factors Influence Property Values When You Sell a House? February 7, 2018

Fairplay, Park
What Factors Influence Property Values When You Sell a House?, Fairplay, Colorado

Setting the asking price may be one of the most important decisions you’ll have to make when you sell a house, but many homeowners aren’t sure where to start. While home values may sometimes seem arbitrary, they’re based on a variety of factors, including everything from the location of the home to broad, city-wide trends. Below are just a few of the elements that go into calculating the value of your home.

Factors That Influence Your Property Values

The Location

sell a houseHomes in more desirable neighborhoods will almost always be worth more than similar properties in other areas. The distance to popular parts of town, interstate access, and the aesthetics of the location all play a part, as do the style and condition of nearby properties.

Local Market Conditions

To a large extent, real estate prices are subject to supply and demand. When there are more properties available than house hunters, prices in most areas will start to drop. Conversely, they’ll rise in a seller’s market, when there aren’t enough properties to go around. When determining the property value, your agent will look to see what comparable properties have sold for recently.

Condition of the Home

While many factors that shape property values are generally outside of your control, you may be able to influence several others. For instance, buyers look at the fundamentals of the home, including the condition of the roof and the age of the HVAC system. A freshly remodeled kitchen and a new bathroom can also make your home more appealing to buyers, driving up the property values.


 

If you want to sell a house anywhere in metro Denver, Colorado Sean of Resident Realty has the expertise to help set the right price and get the attention of buyers looking for properties like yours. With his proven techniques and track record of success, you can rely on him to get you the full value of your home and the fastest sale possible. For more advice, follow him on Facebook, and call (720) 277-1889 or just visit his website to talk about how to sell a house today.

Other Announcements, Events and Deals from Colorado Sean - Resident Realty
5 Renovations to Consider Before You Sell a House , Fairplay, Colorado
Over time, even the dreamiest of homes will need improvements. But as a homeowner, how can you determine which renovations are worth the time, money, and effort? Apart from personal ...read more
3 Ways to Increase Curb Appeal When You’re Ready to Sell a House, Fairplay, Colorado
When preparing to sell a house, you’ll want to improve the listing’s curb appeal. By making improvements that give buyers a good first impression, you can often sell quickly. With a ...read more
Ready to Sell a House? 3 Advantages of Hiring a Real Estate Agent, Fairplay, Colorado
Whether you need more room or are ready to downsize, approaching a home sale is stressful. Not only do you need to find a buyer who's willing to offer the right price, but you also n...read more
3 Ways to Protect Your Home From Summer Storms, Fairplay, Colorado
Few things are more nostalgic than a summertime storm, especially when it brings a temporary halt to scorching weather. Unfortunately, unexpected storms can also be hard on your home...read more
$1995* Listing!, Fairplay, Colorado
List your home for $1995* when you use me to purchase your new home in Colorado! Offer expires soon – Call, Text or email me today! Sean Sziklas, Sr Colorado Sean – Reside...read more