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How do I find the selling price of homes in Palm Coast, FL?

Posted by Elena Tchoumakova on Jan 24, 2022 in Blog

These days, it is easy to find the best time to sell a home in your region. For instance, if you would check out the best time for selling homes in Palm Coast, Fl, you will notice online that the best month is September, followed by August, January, March, and the last two months of the year. In short, now is the perfect time of the year to sell your home.

The next thing you would want to know is the selling price. For homeowners, it is common to feel out of the loop on local real estate trends. That’s why most of them find it difficult to determine how much they should price their home for sale in Palm Coast, Fl.

So, today, we are going to solve this problem for you by sharing some of the easiest ways to determine the worth of your current home.

  • Check out the recently sold properties in your area and get an idea of the selling price in the market from their current owners if it seems comfortable to you.
  • Use the online database available to check property information in your region.
  • Ask your real estate agent to get a precise idea of the selling price in your local area.
  • Get the help of a professional who offers home valuation services.

Another way is to follow a systematic approach to evaluate your home’s value on your own. Here is what you need to do to find out the selling price of your home:

  • Note down the location, property age, the exact size of your property, and type of property (apartment, single-family home, condo, villa, or distressed property).
  • Make a list of all the features and benefits, such as the number of bedrooms, bathrooms, type of kitchen, window types and treatment, and waterproofing treatment that add value to your home.
  • Now, list all the flaws of your home that you want to correct before the sale and the ones that you will need to disclose to the potential buyer before sale.
  • Go online and check out comparable properties that share at least 70 percent of features and have not been sold more than six months ago. You can use online property portals for research and comparing these properties with your home.
  • Get the average figure so that you can find out the price per square foot in your region and then multiply it with the total area of your home.
  • Adjust the price depending on the condition of the home and the surrounding views, distance from public transportation, restaurants, school, hospital, or other facilities that make your home and its location desirable.

Keep in mind that a reasonable buyer would not be interested in paying more than the price he/she needs to buy a plot and build a comparable home. You also need to factor in the depreciation of the property that represents the decrease in the value of the home over time. Also, think about how much repairing the new owner will have to do.

Once you go through all these steps, you can finally arrive at a fair selling price for your home for sale in Palm Coast, Fl. If you are looking for a quick way, then simply call a home valuation professional or ask your Palm Coast real estate agent.