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What’s my home worth?
At RE/MAX Capitol Properties you are gaining our professional opinions backed by more than 23 years of local real estate experience. When we combine these educated pricing strategies with a multi-faceted marketing plan we are setting up for our objective; to receive a viable offer within the first few weeks at a reasonable price. You will hear two terms for determining your property value;Â Broker Price Opinion (BPO) or Comparison Market Analysis (CMA).
We will prepare a report to sell your home for the best price, in the shortest time, with the most favorable terms and conditions, by pricing it right the FIRST time. Using the information below we will price your home right from the start.
Major Factors Affecting Your Home’s Value
- Supply and Demand
- Seasonal Markets
- Mortgage Market
- Economic Conditions
- Political Actions
- Location, Location, Location
Methods of Evaluation
- Market Value Approach – uses comparable property sales
- Income Approach – investment or income producing properties
- Cost Approach – most useful on new properties when replacement values are readily determinable
These approaches are an educated opinion and not a certified appraisal of the market value of the home. If such an appraisal is desired the service of a certified appraiser must be obtained.
Is the time right to sell your Cheyenne Wyoming home? Visit us online to get an idea now or give one of our experienced, trustworthy agents a call to schedule an appointment at 307-635-0303.
