The first step you take when
putting your home on the market is establishing the price. A professional market
analysis can help you determine what the property is worth. Contact a Realtor
who is familiar with your area to get prices on the homes that are for sale and
to see how long they have been on the market.
Your Realtor will be able to provide you with
information about the actual sale prices of homes that are similar to yours. He
or she can also tell you about the features that influence the value of each
property, such as the number of rooms, the overall condition, and the
extras--family room, finished basement, wall-to-wall carpeting.
You can establish a market value for your home in
town by putting all of this information together. If you price your
home within 5% of the established market value, it should sell quickly.