SELLING A HOME

How to determine your home's value

Typically your home is worth what a qualified buyer will pay for it. To determine that number, the "Market Approach" to value is used. This approach is based on the premise that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute.

To form an opinion of value, we analyze current listing and sales prices of similar homes in your area. We consider properties that have recently sold, are currently for sale or were offered for sale, but did not sell. Although none of these properties are identical to yours, only those that have a high degree of similarity are noted in this report.

CMA - Comparative Market Analysis

To summarize the process the CMA illustrates the history of similar homes that have sold in your area, those that failed to sell and properties currently on the market. By comparing these numbers, the value or range of value for your home becomes relatively clear. The final projected sales price should be determined after careful consideration on these current market conditions.

Massachusetts Home Owners want to know...

• How much is my home worth?
• What must I do to get it sold and closed?
• Who should I choose to sell my home and what other issues do I need to consider?

How can you find out what your property is worth? Simply fill out the information below and we will contact you shortly.

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