SELLING REAL ESTATE IN BALTIMORE
How to determine your home’s value
Typically your home is worth what a qualified buyer will pay for it. To determine that number, the "Market Approach" to value is used. This approach is based on the premise that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute.
To form an opinion of value, we analyze current listing and sales prices of similar homes in your area. We consider properties that have recently sold, are currently for sale or were offered for sale, but did not sell. Although none of these properties are identical to yours, only those that have a high degree of similarity are noted in this report.
CMA - Comparative Market Analysis
To summarize the process the CMA illustrates the history of similar homes that have sold in your area, those that failed to sell and properties currently on the market. By comparing these numbers, the value or range of value for your home becomes relatively clear. The final projected sales price should be determined after careful consideration on these current market conditions.
Baltimore Home Owners want to know...
- How much is my home worth?
- What must I do to get it sold and closed?
- Who should I choose to sell my home and what other issues do I need to consider?
The single most important task associated with the sale of your home is determining the price. Taking into account fair market value, the current economic climate and a wide variety of relevant factors that influence the Baltimore real estate market, we have the professional expertise to price your Baltimore home precisely where it will sell the fastest – to your advantage.
How can you find out what your property is worth? Simply fill out the information below and we will contact you shortly.
Your information will not be shared with anyone other than our authorized real estate agent or REALTOR® we contact to assist you. We respect your privacy and will not give, sell, or otherwise distribute your information. |
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