There are many great St. Cloud area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation
so you know what buyers will pay for your home in today's market. You
may also call me at (320) 240-3363 for a FREE home buying or selling
consultation to answer any of your real estate questions.
Lately I have been fielding a very common question. Everyone wants to know how to determine the amount of competition they will face when putting their home on the market. The answer is never simple, but I can clear it up for you in a few different ways.
- You must first determine the top dollar for your home without overpricing your property. You want to avoid overpricing because this can help the competition sell their homes when buyers see that they are priced correctly and in accordance with their real values.
- Support the value of your home with comparable sales. This requires preparation, but it can prevent an unpleasant surprise when an appraiser comes to look at your home.
- How does your home compare to others in the market? You need to know what features your home offers compared to others in your local market because buyers will see around 8-10 different properties before making a decision.
Some exciting news about homes in the St. Cloud market is that we're currently experiencing an 8-year low in inventory, as there are only 989 properties for sale. This presents a wonderful opportunity if you are looking to sell, because the market will become saturated during the spring and summer. Competition will increase, and your property will be competing against many, many others.
Overall, we've had a very strong start to 2014. Sales are up, buyers are excited, and interest rates have actually plunged a little bit.
If you'd like to meet and discuss your property with me, call me at (320) 240-3363 or email at hauck@saintcloudrealestate.com
