What’s My Home Worth?

How to Price Your House to Sell Fast (and Still Make a Profit)

If you’ve been toying with the idea of selling your home, odds are this question has popped into your head more than once: “What’s my house worth?”

It’s the most common question homeowners ask and for good reason. Getting the price right can mean the difference between a quick, smooth sale and your home sitting on the market way longer than you’d like.

Here’s a straightforward guide to help you figure it out without getting overwhelmed.

Start with a Home Valuation

You’ve got a few options when it comes to finding out what your home’s worth:

• Online Estimate (Homevets Realty): These are quick and easy, but they often miss local details that matter. Think of them as a ballpark number.

• Comparative Market Analysis (CMA): This is what a good local Realtor will give you for free. It compares your home to recently sold homes nearby with the same size, age, features, and location.

• Professional Appraisal: If you want the most official number, you can pay for an appraisal. This is often required if you’re refinancing too.

What Affects Your Home’s Value?

Several key things impact what your home is worth:

• Location, location, location – Neighborhood, schools, traffic, safety, etc.

• Size & layout – Square footage, number of beds/baths, open floor plan or not

• Condition – Updated kitchens and bathrooms, roof, HVAC, paint, etc.

• Upgrades & improvements – Renovations, new appliances, energy-efficient features

• The market – Is it a buyer’s market or a seller’s market right now?

A local Realtor will know what features buyers are willing to pay for in your area and what might not matter as much.

Common Pricing Mistakes to Avoid

• Overpricing – Hoping for a miracle number can turn buyers away and leave your home sitting on the market.

• Underpricing without strategy – If you go low without creating a bidding war, you might leave money on the table.

• Ignoring the comps – What homes actually sold for (not listed for) is what buyers will use to gauge your price.

The truth is: the market sets the price. The right price is what a qualified buyer is willing to pay not necessarily what you hope to make.

When to Get a Professional Appraisal

If your home is unique (think: custom features, large acreage, or no close comparables), or if you’re in a divorce or estate situation, a licensed appraisal might be worth the investment. They typically cost a few hundred bucks.

Why Pricing It Right the First Time Matters

Homes get the most attention in their first two weeks on the market. That’s when it’s fresh, new, and popping up in buyer searches.

If you price it too high, it can scare off buyers, then you might end up dropping the price later which makes it look stale.

If you price it right from the start, you’re more likely to:

• Sell faster

• Get stronger offers

• Spark multiple offers (if demand is high)

• Avoid price drops and long days on market

Next Steps: Get a Free Home Value Estimate

Want to know what your home could sell for in today’s market? Connect with a local real estate expert who knows your neighborhood inside and out. They’ll provide a free, no-pressure home valuation (aka CMA) so you can start planning your next move with confidence.

Bottom Line

Knowing your home’s value is the first step toward a successful (and profitable) sale. Whether you’re ready to sell now or just want to know where you stand, it never hurts to get a realistic, local perspective.

Let’s take the guesswork out of it. Visit Homevets Realty to find out what your home is really worth and how to price it to sell smart.