Price and Value — a Difference That Is Extremely Important!

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We are just around the corner from the fall selling season. Some homeowners are now giving some serious thought to the prospect of listing their home. You need to keep in mind that there is a difference between “price” and “value”. You have to keep that in mind when settling on a price for your Boise property.
The price is the amount that a seller is asking for their Boise property. The most important number placed at the top of the listing seeking to describe where that property belongs in the long list of homes for sale. That number is different from the value. The value is the number that the property is actually worth. The value is based on many factors! Location, condition, distinguishing the many features of the property, and also the current market for supply and demand are just a few.
Even though you can’t change the location of your Boise home, or the current market conditions, but by improving the property, a seller can actually increase the value of his or her Boise property. Dian Hymer is a nationally syndicated real estate columnist who has often written on this subject. Dian cites one example of location as a value determinant: Being located next to a freeway or on a busy street is something that cannot be changed. Dian also points out how other factors, like details whose maintenance has been deferred, are eminently correctable.
It is so important that you improve your Boise property before you put it on the market! Make sure that you deep clean your home, correct deferred maintenance items, clear out all of the clutter, take all the family pictures off of the walls, re-paint and even stage your home! Some elements of your Boise property value can’t be changed, but a seller on top of things can still materially raise that value – which is the real secret to getting a higher price.
If you are looking to sell your Boise property this fall, I have a marketing plan that can start right now – 30 days before listing – to help bring you top dollar. Call me today! Don’t delay!

Look at these homes in Boise that are active and updated daily Monday through Friday early each morning except holidays furnished by IDX/IMLS:

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