If you’re a property owner looking to sell, the biggest challenge in listing your property is to determine the right asking price. There are several factors that come into play when pricing your property. If you price it lower than the actual market value, you may end up losing money and if you price it higher, you may end up scaring off potential buyers
The best way is to find the sweet spot and figure out a price that not only meets your goals but also attracts genuine interest from buyers.
How to figure out the right price for your property? By knowing its true market value. To know the market value of a property, you need to first understand, what exactly does market value mean?
Market Value: A market value of a property can be defined as an approximation of how much a property would be sold for in a competitive market, based on the property’s specifications, features, amenities as well as, prices of similar properties that were sold in the area. The market value is also computed based on the overall supply and demand in the real estate sector.
letWizard has designed an intuitive AI-powered Genie tool to give you instant estimates that can act as a starting point in establishing the right asking price for your property.
The Property Estimates Genie tool helps you get a free estimated market value of your property in just three easy steps. All you need to do is enter your property details, amenities and size to get an independent and unbiased estimate that can act as a guide for the appropriate price of your house.
How does letWizard’s Property Estimate calculator work?
letWizard’s Property Estimates calculator computes the market value of a property by using the data you provided along with the information gathered from public records, to measure the cost of land. It is an easy-to-use calculator that provides you an instant estimated result based on the data you entered.
Want to find out how much your property’s worth? Try Property Estimates calculator now.
