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Pricing Your Home

Getting the Best Value for Your Des Moines Home

Getting ready to get into the real-estate market?

Most sellers today are nervous and unsure. They wonder: is taking a loss on our house inevitable?

The answer is no! A strategic sales plan, coupled with a smart buy in your new location will ensure that you recoup the maximum value for your home.

Your Strategic Sales Plan

Consult with an expert, local real estate agent to ensure your house is priced competitively and well-staged. Why? Because while there are always three factors to getting a home sold—location, price, and condition—only two are under your control: price and condition. Of the two, which is more significant? Price. Remember that price will correct bad condition, but condition will never overcome a bad price.

Act fast. You’re in a race against time—the best price you’ll get in today’s market is the one you get now. If you wait, it will be lower. And every month the price on your home decreases, your costs remain the same. For example, Keller Williams research shows that sellers who listed their home at the price the agent originally recommended, sold the home 38 days faster. This is over a month of mortgage and tax payments! For a home that cost $200,000 at time of purchase, with 20 percent down and an interest rate of 6.5 percent, selling a month sooner results in a savings of $1101.31 for the mortgage alone, not including the taxes and insurance that the homeowner would be paying during this time.

Don’t worry about where the market has been, keep your focus on where it is going. The price your neighbor down the street got six months ago is not relevant in a market where your house is competing with others from all across town. Again, a local real estate agent will have the kind of long-term, wide-ranging data that will help you decide how to pinpoint your price with precision.


Your Smart Buy

Move up. Whether you are moving to an area where prices are in a downturn, or dreaming of nicer, bigger, home in your own town, selling your house now can get you into the home of your dreams. Falling home prices are a great opportunity for a savvy homeowner looking to move up. Even though your house price may be lower, the smaller loss at sale can be made up by greater savings at purchase. For example, let’s take that same $200,000 home, and imagine that it has decreased in value by 5 percent, reducing the sales price to $190,000. At the same time, let’s imagine that you would like to move up and the $400,000 home you have been eyeing has also decreased by 5 percent. That’s a savings of $20,000, and it is a home that is likely to be better positioned for appreciation when the market rebounds.

Bottom line: don’t pit yourself against the market, work with the market to get the most out of your house sale.

If you are curious what your home is worth please feel free to contact us for a free home market analysis.

JC Walker
Keller Williams Realty
4001 Westown Pkwy
(515)707-8487
jc@movingiowa.com

Homes For Sale In Des Moines Iowa

6815 Northview  Drive, Urbandale image
6815 Northview Drive, Urbandale $289,900

JOHNSTON SCHOOLS UNDER 300K! Welcome home to this CLEAN Urbandale 3 Bed/2.5 Bath 2 story tucked away in Brook Ridge Estates! Just under 1900 sqft of finish! Large eat-in ...

  • 3 Beds
  • 3 Baths
  • DMAAR-651857 MLS
548 34th  Street, West Des Moines image
548 34th Street, West Des Moines $289,900

Gorgeous recently remodeled Kitchen (July 2021) w lg. island that seats 4, granite countertops , SS appliances, tile floors, light fixtures, sink etc. new tile floors als...

  • 3 Beds
  • 3 Baths
  • DMAAR-651142 MLS
9650 Forest  Avenue, Clive image
9650 Forest Avenue, Clive $285,000

Hard to find ranch home in Indian Hills, a pleasant neighborhood, located in the rolling wooded hills, in low tax Clive, Iowa, in the desirable West Des Moines school dis...

  • 3 Beds
  • 2 Baths
  • DMAAR-651596 MLS
4703 172nd  Street, Urbandale image
4703 172nd Street, Urbandale $284,950 ▼

Everyone loves ranch homes in Iowa, and this plan by clover & hive is the perfect plan! Move in this fall into a dreamy 2-bedroom 2-bathroom home with 1,264 sqft of livin...

  • 2 Beds
  • 2 Baths
  • DMAAR-640612 MLS
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PCA Real Estate JC WALKER

3232 Hubbell Ave Des Moines, IA 50317

 

We are professional Realtors that specialize in homes for sale in Des Moines, West Des Moines, Johnston, Urbandale, Clive, Ankeny, Windsor Heights, Waukee, Norwalk, Indianola, Altoona, Pleasant Hill, Grimes, Granger and all the surrounding communities.

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