There are many factors that influence the price you can get for you home, including:
- The status of the current real estate market
- The expertise and knowledge of your real estate professional
- Basics such as lot size, square footage and condition of your home
- Desirability factors, including location, special amenities, and property attributes
- Selling and listing prices of comparable homes
- A sophisticated real estate marketing campaign
- Your level of motivation
What does not affect the price you can receive for your home:
- Some improvements may not add value
- What your originally paid for the home
- What you owe on your mortgage or home equity loan
- How much profit you wish to make from the sale
- What friends – and even appraisers – have told you it’s worth
