Selling Your Colorado Home - Factors Affecting Price

Selling Your Colorado Home - Factors Affecting Price

Boulder Colorado Community Index


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Selling Your Colorado Home

Factors Affecting Price

Uncontrollable:
  • Location
  • Competition
  • Market conditions
Controllable:
  • Property Condition
  • Terms
  • Price

Location: The single factor with the greatest effect on value

Competition: Buyers make a decision as to which home to buy and how much that home is worth based on the choices available at that time

Market Conditions: The status of the housing market at the time of sale

Property Condition: Condition of the property directly affects both the speed of the sale and price revealed

Terms: The more terms available, the broader the market

Price: Improper pricing of a house may result in a delay of sale or the loss of potential buyers

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