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Home Appraisals

How to Price Your House to Sell

Home Appraisals plus these other 3 methods to Establish Home Value, when Selling For Sale by Owner.

There are several methods of home appraisals used to establish home market value, when you are ready to sell. Here we will cover the various ways and explain the pros and cons of each method.

From past experience there is only one best way to price your house to achieve the desired results so we will save that one for last.

home appraisals sold home

May I suggest you read each section as I explain each method. You will then have a better understanding of the whole thought process. You will then know why #4 is the best way and why.

It is also important to look at the other methods as they can be used in conjunction with #4 and also are valuable for other reasons.

Keep Your Goal in Mind

You may be thinking, I know what my home market value is without going through all this stuff. I'll just skip this section. Please don't.

Based on the commission you are going to save selling for sale by owner, your time spent here is worth at least $1000.00+ per hour. ;-)

Here they are. We have seen each of these tried out there by FSBO's (for sale by owners).

After you have read each method from #1 to #4, you can then decide your actual asking amount.

The Four Methods

For Home Pricing

You Have the Market Value

What Is My ASKING Price?

Once you have established your home market value, you will have to decide what your asking price will be.

Your final decision will depend greatly on your motivation to sell. Once you have looked at the 4 pricing options, you should be able to make a quick and sound decision.

The following are a list of the 4 pricing options.

The 4 Decisions
  • Ask the Exact Value of the Appraisals.
  • Ask a Small Percentage Above any Appraisals.
  • Ask a Small Percentage Below the Appraisals.
  • Ask a Price Well Below Your Appraisals.

Here is a web page that explains How to Price Your House to Sell very well.

Once you have Studied the various ways of appraisals and decided the asking price, you will be ready to move on.



For More Information on Pricing Your House

House Pricing - The Throw a Dart Method

House Pricing - Neighborhood Research

House Pricing - Using Realtors® and the CMA

House Pricing - Certified House Appraisals

Home Appraisals - Final Decision - Asking Price

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Thank you for communicating with me via email regarding my questions. I've already shared your website with 2 friends who will be trying to sell their homes within the upcoming year.