Monday, November 26, 2012

4 Tips for Correctly Pricing Your Lexington Home!

I hope you all enjoyed your holiday weekend!  As we enter the holiday season, it’s a great time of year to reflect back and remember all we have to be thankful for.  As a Lexington MA Real Estate agent, I’m thankful to be able to live and work in a community that I love.  I always enjoy telling buyers what makes Lexington such a great place to call home and how I appreciate being a part of such a historic and beautiful area.

And, while I do enjoy working with buyers as they discover their ideal home in Lexington; I also look forward to working with sellers who are looking for a smooth home selling transaction.  My goal is to make sure the seller has a good grasp of the current Lexington Real Estate market and the value of their home, and to ensure they are comfortable and happy throughout the process.

One of the main item on sellers minds is the list price for their home.  While a seller has a good idea of what they want to get out of their home; it’s not always that simple.  Here are just a few things that help determine the correct selling price for a Lexington home.

1. Location- You can't get away from this one. If your Lexington home is in on a charming street or within walking distance to the center of town; you may be able to get a higher price than you can for the same house in a less desirable location.  

2. Condition- A Lexington home that is well maintained and shows better will always sell for more than one that has had deferred maintenance and needs work.

3. Desirable Amenities- If a house has amenities that are popular in Lexington MA homes such as historic features, an open floor plan or a beautiful view, it will sell more quickly. 

4. Calculate the price per square foot- The average price per square foot for homes in Lexington shouldn't be the sole determinant of the asking price for your home, but it can be a useful starting point. 

If you are considering selling your Lexington home; I would love the opportunity to talk with you!  Together we can walk through current homes on the market that are similar to yours (comparables), and can talk about what your goals are in selling your Lexington home.  

I’d love to be with you every step of the way to ensure your Lexington home gets sold in a timely and efficient manner!

Theresa D'Antuono

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