Some things about the property may not have the selling value that you might think it has. For example, properties with a pool might be nice for those buyers who want a pool but actually may work against you for buyers who don’t want the work or have small children. This is a feature that probably does not add the value of what it cost you to install.Once you have the CMA in hand you can see how similar properties were priced, how long it took them to sell and what the final contracted price was. You can also see what your competition is with similar homes for sale. This is how your real estate agent will determine what offering price you should consider.
Remember, pricing correctly from the day your home hits the market is the smartest way to sell in a reasonable amount of time and at the right price.