When getting ready to sell your house one of the first thing to do should be to determine your house value.

Pricing your house right from the start will increase the likely hood of the house selling faster and easier. The most attention you house will get is when you first place it for sale. This is when all the neighbors will tell their family and friends, and when all the prospective home buyers who are searching in that neighborhood inquire into the property. By not determining your house value correctly you could have lost many interested buyers.

One of the biggest mistake most sellers make is to over price their houses when they first put them up for sale. Pricing your house at higher price will just deter those initial lookers. Sure you can lower the price later, but your house will no longer get the same attention as it did when it was first put up for sale. Buyers will also wonder why you had to lower the price and will be more willing to press for a lower price.

How to Determine you house value

Our For Sale by Owner service provide you with a house value service. (click here to determine your house values).

Enter your address, city, state and zip code. You will be provide with a zestimate that estimates your houses' value based on the square footage of other houses that have sold in your neighborhood. Now what you need to do is compare those houses to your house. Maybe take a drive and view the exterior of those houses, are they on premium lots, do they appear comparable?

Once you have viewed the exterior of the comparable sales, now take a look at your property and ask yourself how much would you pay for your house knowing how much those house for. To determine your house value consider any upgrades that your house my have (ie. appliances, granite countertops, new roof, driveways, etc).

The last factor to determine your house value is the real estate market conditions.

Are you in a buyer's market or seller's market? You might have heard news reporters or read newspaper articles talking about real estate market trends.

During a buyer's market there are more house for sale and less buyer's, this gives the buyer the advantage and normally home prices are lower to grab the attention of the few buyers.

In a Seller's market there is fewer houses to for sale, and more buyer searching to buy homes. This gives the sellers an advantage and house prices can be a little higher as buyer are more anxious to purchase a home.

Make sure not to over price your house, but don't sell it for less than it's worth either!

Lets continue!