Factors That Affect the Value of Your Home in Today's Market

Location

• Location is the single most important factor in determining the value of your home.

Competition

• Prospective buyers often compare your property against competing properties.
• Buyers will perceive value based upon other properties that have sold or are available in the area.

Timing

• Property values are affected by the current real estate market.
• As the real estate market cannot be manipulated, a flexible marketing plan should be developed which analyzes the current market conditions and individual features of your property.
  

Condition

• As prospective buyers often make purchases based on emotion, first impressions are extremely important.
• The condition of your property affects the price and speed of the sale. Optimizing the physical appearance of your home will maximize the buyer's perception of value.
  

Price

• Your property will attract the most excitement and interest from the real estate community and potential buyers when it is first listed. Pricing your home properly from the beginning is an important factor in determining the length of time it will take to sell your home.
• Reviewing the home marketing plan your Thornton Properties agent will provide to you, will assist you in determining the best possible asking price.