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My Neighbor Just Sold For Much More Than I’m Asking. Why?

March 5, 2014 by admin Leave a Comment

First off, don’t panic. It is not uncommon for houses in the same neighborhood to sell for differing prices. Location is just one of the components that factor into home price. Be sure to take into account other factors such as age, size, style, features and recent additions or remodels that have been made. You may quickly realize that the variance in price is reasonable given the differences between the houses you discover with your assessment. If there is no discernible difference in your two homes, consult your real estate agent to get a clearer idea of whether you should consider adjusting your asking price.

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Joanna Horstmeier, CDPE, CIPS, CRS, e-PRO, GRI
820 South Main Street, St. Charles, MO 63301
(636) 947-SOLD (7653)
joanna@sellingstcharlescounty.com

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