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Posts from August 12th, 2019

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August 12th, 2019 by

What Influences Home Value

You may consider your Twin Cities home to be priceless, but in reality, a number of specific factors affect market value. While some are out of your control, there are proactive ways to make your home more attractive to buyers. Our real estate agents review five significant elements impacting your home's potential selling price.

  1. Neighborhood
    "Location, location, location" is the classic real estate mantra. Sometimes the location is relative, such as the distance of your work commute, but as it applies to home prices, the term "location" is more universal. Proximity to quality schools, plentiful job opportunities, and entertainment and cultural amenities provides a major boost to a home's value. "Comps," the selling price of recently sold homes in your neighborhood, provide a ballpark figure as to what you might expect to get for your home.

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Categories: Sell Your Home
Tags: Counselor Realty, Sell your home, For Sellers

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