Found 2 blog entries tagged as Home prices.

Price for Real Estate

As the chill of winter fades and the beauty of spring emerges, the real estate market experiences its own form of renewal. Spring has long been considered the prime season for buying and selling properties. This peak period brings an influx of eager buyers into the market, making it a critical time for sellers to capitalize on the heightened demand. However, with competition at its zenith, pricing your home correctly becomes the cornerstone of attracting serious buyers and maximizing your sale price.

In this blog post, we're diving into strategies and insights on how to get your pricing right for the spring real estate!


UNDERSTAND THE LOCAL MARKET

Before setting a price, it's paramount to have your finger on the pulse of your local real…

114 Views, 0 Comments

Read Full Post

Real Estate Market Value

The concepts of Market Value and Purchasing Price!

Market Value

  • Market Value, often referred to as Fair Market Value, is the estimated amount for which a property or an item would trade in a competitive and open market environment.
  • It reflects the price that a willing buyer and a willing seller, both having reasonable knowledge of all relevant facts and neither being under any compulsion to buy or sell, would agree upon.
  • Market value can fluctuate based on demand, economic conditions, and other market dynamics.  

Purchasing Price ( Purchase Price ) 

  • The Purchasing Price is the actual amount paid for a product or service at the time of buying. It is the cost at which someone acquires an asset, commodity, service, or…

148 Views, 0 Comments

Read Full Post