professional real estate agent and your property's condition, and with current supply and demand. What any piece of property might sell for based on features and benefits in a competitive market, the current supply, and demand of similar homes is market value. You might value your home at a higher price that what a buyer will pay or it's true market price. If the bag of oranges become valuable, then demand is created which can affect the price. If the demand for bags of oranges decreases, the value can no longer influence the price. Balanced markets will balance market price and market value to be equalized. The perspectives of buyers and sellers also come into play when placing 'value' on a home. If your home has an abundance of mature trees which is a plus in your mind, might be a negative in the mind of buyer that loathes raking leaves. Expectations of the buyer also can be misunderstood if you spent money on a new roof (which is another plus in your mind), but the buyer “expects” the roof to be excellent shape. Proximities to schools, bus routes, and medical facilities can also create value to that certain buyers are willing to pay for. Buyers look for the right deal, but what they are willing to pay or the bank willing to finance has limits. Strategic pricing is your greatest tool when selling your home.
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