\nEvery home has three selling prices, and it’s important to understand how the final one is determined. The three prices are as follows:
\nThe owner’s asking price
\nThe seller’s price offer
\nThe final agreed upon price<\/p>\n
How close either of the first two prices will be to the third depends on several factors, including the seller’s motivation and what the buyer is willing to pay. If you are selling because of financial problems, you must realize that your money issues can’t be transferred to the buyer. You’re home will sell for what it is worth in today’s market, and overpricing it will delay the sale. Homes that are priced right will usually sell quickly.<\/p>\n
![\"\"](\"https:\/\/web3.ezmedia.ca\/wilbri\/wp-content\/uploads\/sites\/85\/2019\/05\/sold-800-250.jpg\")
<\/p>\n
Comparables<\/strong> Home Values<\/strong> How Much Is Too Much?<\/strong> List your home at a realistic price for the area where you live. Homebuyers will check similar homes and compare prices. Your home will sell much sooner if the price is in line with comparable properties in your neighborhood.<\/p>\n","protected":false},"excerpt":{"rendered":" Setting a price for the Comox Valley BC home you are selling requires serious thought and research. Homebuyers have choices in today’s market, and that means you should not list your home at an unreasonably high price. If a comparable home in your neighbourhood is selling for $25,000 less than your listing, why should a […]<\/p>\n","protected":false},"author":93,"featured_media":14935,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"off","ocean_gallery_id":[],"footnotes":""},"categories":[2,38],"tags":[49],"class_list":["post-14933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-vancouver-island-comox-valley-home-seller-info","tag-comox-valley-home-seller-info","entry","has-media"],"yoast_head":"\n
\nYour real estate agent can show you comparable homes that have recently sold in your neighborhood. Look at the price range for homes that are similar to yours. Looking at comparables will help you list your home at a reasonable price that will attract buyers. If local neighbourhood homes are selling for $325,000, don’t ask for $375,000 and expect to get it.<\/p>\n
\nThere can be a sizable difference in home prices based on the location. Supply and demand has a great influence on determining the value of a home. If you live in a thriving business community where jobs are plentiful and housing is limited, it’s a sellers market and prices increase. In a community that has job losses and residents moving away, the price of homes will drop. It will become a buyer’s market.<\/p>\n
\nEvery home is unique, and that allows for some flexibility in the housing market. Local conditions dictate what you can expect. An older neighbourhood of vintage homes may have sales of vastly different values. This can happen because some of the older homes have been maintained and modernized while others have not. In new neighborhoods you can expect prices to be closer to the same value. If homes similar to yours are selling for $325,000 in your neighborhood, listing your home for $400,000 will not result in a sale. The selling price of your home can be increased, if you have added a swimming pool, patio, or other highly-valued amenities.<\/p>\n