Understanding Market Value

The value of any given property is determined by many different factors. It is important for you, the buyer,

to be aware of them. Here is a brief list of variables that may affect the market value of a home.

Physical Characteristics

■ Location

■ Type of community

■ Age

■ Size of home

■ Condition

■ Architectural style

Competition

■ Number of other homes on the market and

their price points

■ Length of time property has been on the market

All of these factors will help you determine the value of the home and guide you towards

presenting the most appropriate offer.

The Seller’s Side

■ Motivation to sell

■ Urgency to sell

■ Recent price reduction

■ Perceived value of the property

Market Conditions

■ Interest rates and availability of financing

■ Number of other qualified buyers

■ Price of similar properties in the same community

This brochure is provided for informational purposes only and is not intended, nor shall it be deemed, to
provide or offer legal or financial advice or guidance. You should always consult with your own advisor
when dealing with any of the information visited herein.
If your property is listed with a real estate broker, please disregard. It is not our intention to solicit
the offerings of other real estate brokers. We are happy to work with them and cooperate fully.
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trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company.
Equal Housing Opportunity . Each office is independently owned and operated.