As you move ahead with the house-selling process, you will come across a critical question – “How should I price my home?” Pricing your home in the right manner is incredibly important. This is because the price you set will determine how quickly your house sells and whether you will make a profit on the sale. Many sellers rush the pricing process and end up leaving a significant amount of money on the table. When it comes to pricing your home in the greater St. Louis region, there are plenty of ways to go about it. You can enlist the help of an experienced real estate agent or even use a home value estimator.
While home value estimators can be a great tool for getting a general idea of value, working with professionals, like the agents at Blaine Team will help ensure that you choose the optimal price for selling your home. Contact our St. Louis real estate firm online or by phone to learn more and work with our team on setting the best price for your home for sale.
How Can Blaine Team and Our Home Value Estimator Help You with Pricing Your Home?
Being a local real estate firm, we understand the greater St. Louis area real estate market perfectly. Our team has years of experience working in regions like Oakville, Kirkwood, Creve Coeur, Ladue, St. Charles, St. Peters, and O’Fallon, MO. Thus, we can offer you a Comparative Market Assessment (CMA) to help you establish the correct value of your home.
Further, we look for similar properties in your neighborhood – properties with similar square footage, number of bedrooms, bathrooms, indoor and outdoor features, etc. – to help you come up with the right price. We also offer a top-notch home value estimator to help you get a quick estimate of what your home is worth.
Features of the Right Price
Once you decide on the price of your home, you will eventually find out whether it is the right one, or if you made the wrong choice. To save you the trouble, here are some common features of the right home prices:
- They are not too high or too low from the current market prices
- They grab the attention of the buyers quickly
- They allow you to make a good profit without being unreasonable to the buyer
- They help you sell your house quickly
You can easily use a home value estimator to help set a ballpark range for the right price for your residential property in the greater St. Louis area.
Why Should You Avoid Overpricing Your Home?
While you might be tempted to price your home higher in an effort to get the most from your sale, it can actually do more harm than good. As such, using a good home value estimator will help you to ensure your home isn’t overpriced. Here are some common reasons you shouldn’t overprice your home:
- Overpriced homes get little to no buyers
- There will be very few qualified buyers
- High prices lead to more loan rejections and loss of time
- You can end up losing money due to incurring taxes, unplanned repairs, maintenance, etc.
Contact Blaine Team for Pricing Your Home and Leverage Our Home Value Estimator in the St. Louis Region
When it comes to pricing your home, it is important to strike a balance between being competitive and reasonable. Only then, will you be able to come up with a fair and attractive house price. If you need expert guidance with pricing your home, our experienced real estate agents can help you out. We will analyze your property and research other similar properties in your region to determine the best price.
Contact us online or by phone today to find out the correct value of your home in the greater St. Louis area and get started listing your home for sale.
