When you’re looking to sell your Dallas house fast, one of the many things that must be accomplished is putting a price on what you believe your house can sell for. This means doing some detective work to figure out the value of your house and asking yourself, “How much did a house sell for?”
While it can be an emotional process to put a dollar amount on your house, taking the steps below to do so will lead you toward making the best deal when the sale is made.
Take Stock of Your House
To start getting an idea of your home’s value, take a real look at it. What renovations have you done? Are there any small repairs you could take on to make your home more attractive to buyers and boost its value?
Asking these questions now, or letting a realtor weigh in on what they recommend you fix, is a sensible starting point for determining how much money you can ask for.
Take Stock of the Local Market
If you haven’t bought or sold a home recently, it’s time to refamiliarize yourself with the current housing marketing conditions in your local area. News outlets, blogs, and magazines can inform you about the factors influencing buyer demand and the level of inventory. Economic drivers like major employers opening offices near your town, a recent downturn that resulted in job loss, or a lack of available housing can all determine whether it’s a buyers or sellers market and influence the price you set for your house.
It also helps to ask anyone you know who recently bought or sold a home near you whether they were happy with the deal. They can give you even more insights into the process you’re about to undertake.
Have you ever asked yourself, “How much did a house sell for?” You can answer that question and learn more about your own home’s value through the following methods of research:
- Sales Records – Look at sales records for homes in your area that are similar to yours in amenities, location, school district, square footage, age, and number of beds and bathrooms. By looking at several you’ll be able to come up with a reasonable price range.
- Home value calculator – These give you an estimate of your home’s value by letting you look it up by address and drawing upon stored information about the house, town, ZIP code, and the selling price of other homes recently sold in the same area.
Either of these methods will help you confirm or build upon research you’ve already done.
Talk to Realtors
If you want a firm answer, find a realtor that will walk through your house, do some of their own research, and give you a number that you can target throughout your efforts to sell the house. Getting the opinion of an expert can give you peace of mind surrounding any doubts you have about your home’s value.
In a long, drawn out selling process, discovering the value of your home might seem like just another step that will keep you in your home even longer. But investing time into figuring out the best price for your property will put you on the path toward getting the most money for your home in the long run.
Want to avoid a complicated sales process and the hassle of putting a price on your house? Contact Local Cash Buyers by calling 469-250-0018 or filling out a short online form to get a no obligation, written cash offer for your house in 24 hours!