Top 5 Factors That Can Affect Your Home Sales Price

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Are you looking to sell your home but not sure how to get the best price for it? There are several factors that can impact the sales price of your home, and it can be challenging to navigate them alone. From location to condition to market trends, each aspect can impact the sales price of your property.

But fear not! The Zahn Group can be your guide through the process and help you maximize your profits. 

Home with a For Sale Sign

Top 5 Factors that Can Affect Your Sales Price

One of the most significant factors that can affect the sales price of your home is its location. Homes in desirable areas with good schools and access to amenities like parks, shopping centers, and public transportation tend to sell for more than homes in less desirable areas.  As local area experts, The Zahn Group can analyze your home’s location and give you insight into the price you can expect to sell for.

Homes located near a Whole Foods or Trader Joe's can have a higher value, with a 2015 study by Zillow finding that homes near a Whole Foods or Trader Joes appreciated on average 148% and 140% respectively as opposed to the average 71% appreciation by a typical US home over the same time period.

According to the National Bureau of Economic Research, a Starbucks within a quarter-mile radius can increase home values by 0.5%!

Starbucks

The condition of your home is another critical factor that can impact its sales price. The Zahn Group can provide guidance on what repairs or upgrades are necessary to improve your home’s condition and increase its value.  We provide our clients with references for reputable contractors who can help with any repairs or upgrades you choose to make on your home.   We also can provide a staging consult to propose ideas to showcase your home’s best features and attract potential buyers.

A study by The National Association of Realtors found that staging a home can increase its sales price by up to 10%

The first impression of your home is critical to attracting potential buyers. The Zahn Group can help you enhance your home’s curb appeal by suggesting landscaping, cleaning, and painting services. We can also advise you on how to make the exterior of your home look its best, including how to highlight your home’s unique features.

The current real estate market can have a significant impact on the sales price of your home. The Zahn Group helps you stay up to date on market trends and provide guidance on the best time to sell your home. We also help you adjust your asking price based on the current market conditions to maximize your profits.

Marketing your home effectively can make all the difference in getting the best price for your property. The Zahn Group’s multi-channel marketing strategy showcases your home’s unique features and reaches potential buyers. We also provide guidance on how to make your home stand out in a crowded market and attract the right buyers.  Learn more about The Zahn Group’s Marketing Process

Finding a home online

A survey by the National Association of Realtors found that 51% of home buyers found their home online.

The Zahn Group is a full service real estate team specializing in working with buyers and sellers in the Charlotte Metro area.  Learn more about our customized listing and marketing process that helps you sell your home for top dollar.