How Do I Price My Home?

Pricing your home accurately is crucial for a successful sale on Homepie. While you have options like hiring an independent appraiser or using Homepie’s pricing review service, self-pricing is also a viable choice. Here’s how you can approach it:

Comparative Market Analysis: Start by examining nearby homes that were recently sold or are currently for sale. Pay attention to their size, condition, and features. This will help you gauge a reasonable price for your home.
Homepie’s Pricing Review Service: For a more budget-friendly option, consider our pricing review service, available for $99. This service provides a professional evaluation, helping you set a competitive price.
Gauging the Market Response: The initial weeks after listing are critical for assessing if your home is priced correctly. Use the following indicators:

- Lots of Showings, No Offers: This could suggest your home is overpriced. Potential buyers are interested but might be deterred by the price.
- No Showings: A lack of interest often indicates overpricing.
- Multiple Offers Over Asking in the First Week: This is a sign your home might be underpriced, attracting more buyers due to a lower price point.
- Offers Close to Asking Price: If you receive a few offers that are close to or slightly above your asking price, it’s a good indication that your home is priced appropriately.
- Remember, setting the right price is a balance between market trends, the unique attributes of your home, and your own financial goals. Homepie’s tools and services can assist in this process, but the final decision rests with you as the homeowner.