











$699,000 5 Beds 2.75 Baths 2,706 Sq. Ft. ($258 / sqft)
ACTIVE 10/10/24
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Basement: None
Builder: DR Horton
Building Condition: Very Good
Building Information: Built On Lot
Community Features: CCRs, Park, Trails
3/4 Baths: 1.0
Acres: 0 13002248
Lot Dim: 50'x112'
Lot Size (sqft): 5,663
Garages: 3
List date: 10/10/24
Energy Source: Electric, Natural Gas
Exterior: Cement Planked
Floor Covering: Laminate, Vinyl, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: Bath Off Primary, Dbl Pane/Storm Windw, High Tech Cabling, Vaulted Ceilings, Walk-in Closet
Year Built 2019 Days on market: 41
Updated: Nov 12, 2024 8:21 AM
List Price: $699,000
Orig list price: $699,000
Assoc Fee: $500
Taxes: $5,171
School District: Granite Falls
High: Buyer To Verify
Middle: Buyer To Verify
Elementary: Buyer To Verify
Lot Details: Curbs, Open Space, Paved Street, Sidewalk
Occupant Name: Vacant
Occupant Type: Vacant
Parking Type: GarageAttached, Off Street, Driveway Parking
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, State Bond, VA
Power Company: Snohomish County PUD
Roof: Composition
Sewer Company: City of Granite Falls
Sewer Type: Sewer Connected
Site Features: Cabana/Gazebo, Fenced-Fully, High Speed Internet, Patio
Sq Ft Finished: 2706
Sq Ft Source: Realist
Topography: Fruit Trees, Level
View: Mountain, Territorial
Water: Public
Remarks
Water Company: City of Granite Falls
Water Heater Location: Garage
Water Heater Type: GasTankless
Welcome home to Suncrest Farms! This north-facing 2019 DR Horton build backs community trails and open space. Perfect for a walk or fetch with the pup. The main level boasts a great room concept. The kitchen includes quartz countertops, shaker cabinets, a large island, pantry & matching SS appliances. Snuggle up in the living room w/the cozy gas fireplace or step out onto your covered back patio w/a fully fenced yard, garden & gate to community trails. The downstairs includes a bedroom, laundry & 3/4 bath too. Upstairs you will find the primary suite along with 3 additional bedrooms, full guest bathroom & a huge bonus room. The primary suite includes a 5-piece en suite bathroom & walk in closet. This home is a must see!
Courtesy of Windermere Real Estate JS Information is deemed reliable but not guaranteed.
$675,000 5 Beds 2.75 Baths 2,706 Sq. Ft. ($249 / sqft)
ACTIVE 9/20/24
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Features
Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Architecture: NW Contemporary
Basement: None
Builder: DR Horton
Building Condition: Very Good
Building Information: Built On Lot
Full baths: 2.0
3/4 Baths: 1.0
Acres: 0 18002936
Lot Size (sqft): 7,841
Garages: 3
Community Features: CCRs, Park
Effective Year Built Source: Public Records
Energy Source: Natural Gas
Exterior: Cement Planked, Wood
Floor Covering: Laminate
Hardwood, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: Bath Off Primary, Dbl Pane/Storm Windw, Walk-in Closet
Year Built 2020 Days on market: 62
List date: 9/20/24
Updated: Nov 17, 2024 4:12 AM
List Price: $675,000
Orig list price: $679,000
Assoc Fee: $46
Taxes: $5,270
School District: Granite Falls
High: Granite Falls High
Middle: Granite Falls Mid
Elementary: Monte Cristo Elem
Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
Occupant Name: Ibrahim
Occupant Type: Vacant
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA Power Company: Snohomish County PUD
Roof: Composition
Sewer Company: City of Granite Falls
Sewer Type: Sewer Connected
Site Features: Cable TV, Fenced-Fully, High Speed Internet, Patio
Sq Ft Finished: 2706
Sq Ft Source: Public Records
Topography: Level
Water: Public
Water Company: City of Granite Falls
Water Heater Location: Garage Water Heater Type: On Demand Gas
Remarks
Come and view this beautiful DR Horton resale on a corner lot in the desirable community of Suncrest Farms. Enjoy over 2,700 square feet of spacious living with 2 separate entertaining spaces. The main floor features a Great Room open to an incredible kitchen boasting quartz counters and fabulous storage. You will also find a bedroom and 3/4 bath on the main, perfect for guests or generational living. Retreat upstairs to the generous Primary Bedroom with 5-piece en suite. A large Bonus Room, three additional bedrooms and additional full bath complete the upstairs level. Move outside to appreciate the fully fenced backyard and 3-car garage. Welcome Home!
Courtesy of RE/MAX Elite Information is deemed reliable but not guaranteed.
$699,900 5 Beds 2.75 Baths 2,565 Sq. Ft. ($273 / sqft)
PENDING 11/17/24
Year Built 2021 Days on market: 30
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included: Dishwasher(s), Garbage Disposal, Microwave(s), Stove(s)/Range(s)
Architecture: Craftsman
Basement: None
Builder: D.R. Horton
Building Complex Or Project: The Falls
Building Condition: Very Good
Building Information: Built On Lot
3/4 Baths: 1.0
Acres: 0 1700188
Lot Size (sqft): 7,405
Garages: 3
List date: 10/18/24
Pending date: 11/17/24
Updated: Nov 17, 2024 12:07 PM
List Price: $699,900
Orig list price: $699,900
Assoc Fee: $81
Taxes: $5,522
School District: Granite Falls
High: Granite Falls High
Middle: Granite Falls Mid
Elementary: Monte Cristo Elem
Community Features: CCRs, Park, Playground
Effective Year Built Source: Public Records
Energy Source: Electric, Natural Gas
Exterior: Cement Planked, Cement/Concrete, Wood
Floor Covering: Laminate Hardwood, Vinyl, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: Bath Off Primary, Dbl Pane/Storm Windw, Dining Room, French Doors, High Tech Cabling, SMART Wired, Walk-in Closet
Lot Details: Cul-de-sac, Curbs, Paved Street, Sidewalk
Occupant Name: Barlow
Occupant Type: Owner
Parking Type: GarageAttached
Possession: Closing, Negotiable
Potential Terms: Cash Out, Conventional, FHA, USDA, VA Power Company: PUD
Roof: Composition
Sewer Company: City of Granite Falls
Sewer Type: Sewer Connected
Site Features: Cabana/Gazebo, Cable TV, Dog Run, FencedFully, Gas Available, High Speed Internet, Patio
Sq Ft Finished: 2565
Remarks
Sq Ft Source: Public Records
Topography: Level
View: Mountain, Territorial
Water: Public
Water Company: City of Granite Falls
Water Heater Location: Garage
Water Heater Type: Tankless
Welcome to this stunning home designed for modern living. The open great room concept seamlessly connects the spacious living, dining & chef's kitchen featuring a large island, quartz countertops, gas range & SS appliances. The inviting living room centers around a cozy fireplace for added warmth & charm. A main-floor bedroom & 3/4 bath. Upstairs find a bonus room, utility room, & four additional bedrooms, including the generous primary suite boasting French doors, double walk-in closets, & an ensuite bath. Step outside to your expansive backyard with a patio, gazebo, & tons of privacy. Enjoy A/C & a 3-car garage. Situated on a serene cul-de-sac, close to amenities & highway access. Its the perfect blend of comfort, convenience, & style.
Courtesy of John L. Scott Lake Stevens Information is deemed reliable but not guaranteed.
$657,000
SOLD 6/14/24
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Full baths: 1.0
Features
Appliances Included:
Dishwasher(s), Garbage
Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Architecture: NW
Contemporary
Basement: None
Builder: DR Horton
Building Complex Or Project: Suncrest Farms
Building Condition: Very Good
3/4 Baths: 1.0
Half baths: 1.0
Acres: 0 12001192000000001
Lot Size (sqft): 5,227
Garages: 2
List date: 5/31/24
Building Information: Built On Lot
Community Features: CCRs, Park
Energy Source: Electric
Exterior: Cement Planked, Wood, Wood Products
Financing: Conventional
Floor Covering: Laminate
Foundation: Poured Concrete
4 Beds 2.25 Baths 1,854 Sq. Ft. ($354 / sqft)
Year Built 2018 Days on market: 1
Sold date: 6/14/24
Off-market date: 6/14/24
Updated: Jun 15, 2024 8:02 AM
List Price: $629,500
Orig list price: $629,500
Assoc Fee: $700
Taxes: $4,562
School District: Granite Falls
High: Granite Falls High
Middle: Granite Falls Mid
Elementary: Monte Cristo Elem
Interior Features: Bath Off Primary, Dbl Pane/Storm Windw, Dining Room, Vaulted Ceilings, Walk-in Closet, Walkin Pantry
Lot Details: Corner Lot, Culde-sac, Curbs, Dead End Street, Paved Street, Sidewalk
Lot Number: 49
Occupant Name: Corynn
Occupant Type: Owner
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, USDA, VA
Power Company: PUD
Roof: Composition
Sewer Company: City of Granite Falls
Sewer Type: Sewer Connected
Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio
Sq Ft Finished: 1854
Remarks
Sq Ft Source: SCR
Topography: Garden Space, Level
View: Mountain, Territorial
Water: Public Water Company: City of Granite Falls
Water Heater Location: Garage
Water Heater Type: Tankless Gas
Beautifully updated Suncrest Farms home. Located on the "corner" of a private cul-de-sac, next to a park. This unique location means only one side is shared with a neighbor. Offering 4 bedrooms, & a flex room on the main floor. This home is not like the others! Brand new landscaping leading to the covered front porch. Laminate plank flooring throughout including the stairs. Custom paint & designer accent walls in all the right places! AC installed in 2022, for the new normal of WA hot summers. Kitchen has a large farm sink as well as custom cabinet color for a one-of-a-kind kitchen. Tank-less Hot Water is another modern feature installed. The View of Mt Pilchuck from the backyard sitting on the extended patio just can't be missed!
Courtesy of Real Property Associates Information is deemed reliable but not guaranteed.
$590,000 4 Beds 2.50 Baths 1,806 Sq. Ft. ($327 / sqft)
SOLD 11/14/24
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Architecture: Craftsman
Basement: None
Builder: DR Horton
Building Complex Or Project: Suncrest Farms
Half baths: 1.0
Acres: 0 12001192000000001
Lot Size (sqft): 5,227
Garages: 2
List date: 9/20/24
Sold date: 11/14/24
Building Information: Built On Lot
Community Features: CCRs
Energy Source: Natural Gas
Exterior: Cement Planked
Financing: FHA
Floor Covering: Hardwood, Laminate, Vinyl, Wall to Wall Carpet
Foundation: Poured Concrete
Year Built 2018 Days on market: 25
Off-market date: 11/14/24
Updated: Nov 15, 2024 5:55 AM
List Price: $590,000
Orig list price: $625,000
Assoc Fee: $50 Taxes: $4,156
School District: Granite Falls
High: Granite Falls High
Middle: Granite Falls Mid
Elementary: Monte Cristo Elem
Lot Details: Curbs, Paved Street, Sidewalk
Occupant Name: Sue Harvey
Occupant Type: Owner
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional Roof: Composition
Sewer Type: Sewer Connected
Site Features: Cable TV
Sq Ft Finished: 1806
Sq Ft Source: Realist
View: Territorial
Water: Public
Water Heater Location: Garage
Water Heater Type: Tankless
Welcome to your dream home, nestled in the serene and sought-after Sunset Farms neighborhood! Just minutes from the natural beauty of Lake Stevens, this meticulously maintained 4-bedroom, 2.5-bathroom home features a versatile den and an inviting great room layout, perfect for both relaxation and entertaining. Enjoy the added comfort of air conditioning throughout. Step outside to a beautifully landscaped backyard, complete with an expansive deckideal for summer BBQs, morning coffee, or evening relaxation. Whether you're hosting gatherings or enjoying a peaceful retreat, the flow between living spaces and outdoor beauty ensures comfort and charm. Conveniently located near parks and local amenities, this move-in ready home is a rare find!
Courtesy of eXp Realty
Information is deemed reliable but not guaranteed.
$590,000
SOLD 9/30/24
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Architecture: Contemporary
Basement: None
Builder: D.R. Horton
Building Condition: Very Good
Building Information: Built On Lot
Community Features: CCRs
Half baths: 1.0
Acres: 0 13002248
Lot Size (sqft): 5,663
Garages: 2
List date: 7/26/24
Sold date: 9/30/24
Energy Source: Electric, Natural Gas
Exterior: Cement Planked, Wood
Financing: VA
Floor Covering: Laminate
Hardwood, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: Bath Off Primary, Vaulted Ceilings, Walk-in Closet
4 Beds 2.50 Baths 1,687 Sq. Ft. ($350 / sqft)
Year Built 2019 Days on market: 36
Off-market date: 9/30/24
Updated: Oct 1, 2024 1:07 AM
List Price: $590,000
Orig list price: $600,000
Assoc Fee: $600
Taxes: $4,129
School District: Granite Falls
High: Granite Falls High
Middle: Granite Falls Mid
Elementary: Monte Cristo Elem
Lot Details: Curbs, Paved Street, Sidewalk
Occupant Name: Thomas & Shay
Occupant Type: Owner
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA
Power Company: PUD
Roof: Composition
Sewer Company: City of Granite Falls
Sewer Type: Sewer Connected
Site Features: Cable TV, Deck, Dog Run, Fenced-Fully, Gas Available, High Speed Internet
Sq Ft Finished: 1687
Sq Ft Source: Realist
Topography: Level
Water: Public
Water Company: City of Granite Falls
Water Heater Location: Garage Water Heater Type: Tankless Water Heater
Remarks
Welcome to this turn key Home located at the Desirable Suncrest Farms.Well appointed kitchen with a designated dining area unfolds into the great room. With a nice entrance hall and powder room. Enjoy the central A/C, Tankless water heater, Stainless steel appliances, Two car garage. Upstairs you will find your master bedroom w/ master bath and walk in closet, Three more Spacious bedrooms, Hallway bath and Laundry room. Walk into your large backyard with great size back deck, Nice size planters for your garden, a Dedicated dog run and Fully fenced. Don't miss out on this Beautiful home where pride of Ownership Shines. Ideally located close to downtown and schools. Outdoor enthusiasts will love the proximity to hiking trails and rivers.
Courtesy of Realty One Group Orca Information is deemed reliable but not guaranteed.
$565,000 3 Beds 2.50 Baths 1,590 Sq. Ft. ($355 / sqft)
SOLD 8/22/24
Year Built 2017 Days on market: 29
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Basement: None
Builder: DR Horton
Building Condition: Good
Building Information: Built On Lot
Community Features: CCRs, Park, Trails
Half baths: 1.0
Acres: 0 12001192000000001
Lot Size (sqft): 5,227
Garages: 2
List date: 6/27/24
Sold date: 8/22/24
Off-market date: 8/22/24
Updated: Aug 23, 2024 12:34 AM
List Price: $565,000
Orig list price: $580,000
Assoc Fee: $50 Taxes: $3,987
School District: Granite Falls
High: Granite Falls High
Middle: Granite Falls Mid
Elementary: Buyer To Verify
Effective Year Built Source: Public Records
Energy Source: Natural Gas
Exterior: Cement Planked
Financing: FHA
Floor Covering: Engineered Hardwood, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: Bath Off Primary, Dbl Pane/Storm Windw, Dining Room, Sprinkler System, Walk-in Closet
Lot Details: Paved Street, Sidewalk
Occupant Name: Owen Family
Occupant Type: Owner
Parking Type: Driveway Parking, Garage-Attached, Off Street
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA
Power Company: PUD/PSE
Roof: Composition
Sewer Company: City of Granite Falls
Sewer Type: Sewer Connected
Site Features: Cable TV, Fenced-Fully, High Speed Internet, Irrigation, Sprinkler System
Sq Ft Finished: 1590
Sq Ft Source: Public Record
Remarks
Topography: Level View: Territorial
Water: Public Water Company: City of Granite Falls
Be a part of the Suncrest community in this 3 + bedroom Camelot model. With its dedicated dining space, the kitchen unfolds into the great room perfectly for entertaining. The laundry/mud room conveniently connects the kitchen and garage. Enjoy the tankless water heater, Central AC, new stainless steel appliances, fully fenced backyard, sprinklers, custom garage shelves, and video doorbell. Retreat to your primary suite, with its bathroom and large walk-in closet. Enjoy the backyard patio, perfect for outdoor gatherings and relaxation. Ideally located close to town and schools. Outdoor enthusiasts will appreciate the proximity to numerous hiking trails, rivers, and mountains, providing endless opportunities to adventure.1 year home warranty
Courtesy of eXp Realty Information is deemed reliable but not guaranteed.
$550,000 4 Beds 2.50 Baths 1,802 Sq. Ft. ($305 / sqft)
SOLD 9/20/24
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), See Remarks, Washer(s)
Basement: None
Building Condition: Good
Building Information: Built On Lot
Community Features: CCRs, Park, Playground
Energy Source: Natural Gas
Half baths: 1.0
Acres: 0 19001696
Lot Size (sqft): 8,276
Garages: 2
List date: 6/10/24
Sold date: 9/20/24
Exterior: Cement Planked
Financing: FHA
Floor Covering: Vinyl Plank, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: Dbl Pane/ Storm Windw, Walk-in Closet
Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
Occupant Name: Matthew
Occupant Type: Owner
Year Built 2019 Days on market: 44
Off-market date: 9/20/24
Updated: Sep 23, 2024 10:15 AM
List Price: $599,900
Orig list price: $624,900
Assoc Fee: $605
Taxes: $4,545
School District: Granite Falls
High: Granite Falls High
Middle: Granite Falls Mid
Elementary: Buyer To Verify
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, State Bond, USDA, VA
Power Company: PUD
Roof: Composition
Sewer Company: City of Granite Falls
Sewer Type: Sewer Connected
Site Features: Cable TV, Dog Run, Fenced-Fully, Gas Available
Sq Ft Finished: 1802
Sq Ft Source: SCR
Topography: Level
Water: Public
Water Company: City of Granite Falls
Water Heater Location: Garage
Water Heater Type: Tankless
Remarks
The Garnet boasts pre-owned real estate featuring 4 bedrooms, a spacious open concept great room, wood-look laminate flooring throughout the main floor, white painted millwork and doors, a gourmet kitchen with stainless appliances, a large island, full-height backsplash, and a pantry! It also comes with a Smart Home ready to hook up to your own. Upstairs, the master bedroom features a private bathroom with a large shower and a walk-in closet. Enjoy the generous unfinished backyard and the amenities of a community with parks!"
Buyers Must Verify All Information.
Courtesy of Real Estate 2000 Inc. Information is deemed reliable but not guaranteed.
$525,000 3 Beds 2.50 Baths 1,364 Sq. Ft. ($385 / sqft)
SOLD 8/26/24
Details
Prop Type: Residential
County: Snohomish
Area: 760 - Northeast Snohomish?
Subdivision: Granite Falls
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Architecture: Craftsman
Basement: None
Building Condition: Very Good
Building Information: Built On Lot
Half baths: 1.0
Acres: 0 06196904
Lot Size (sqft): 2,699
Garages: 2
List date: 6/28/24
Sold date: 8/26/24
Community Features: CCRs
Effective Year Built Source: Public Records
Energy Source: Electric
Exterior: Cement Planked
Financing: Conventional
Floor Covering: Vinyl Plank, Wall to Wall Carpet
Foundation: Poured Concrete
Lot Number: 45
Year Built 2020 Days on market: 38
Off-market date: 8/26/24
Updated: Aug 27, 2024 6:39 AM
List Price: $525,000
Orig list price: $525,000
Assoc Fee: $70 Taxes: $3,941
School District: Granite Falls
High: Granite Falls High
Middle: Granite Falls Mid
Elementary: Monte Cristo Elem
Occupant Name: Matt
Occupant Type: Tenant
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA Power Company: Sno PUD Roof: Composition
Sewer Company: City of Granite Falls
Sewer Type: Sewer Connected
Sq Ft Finished: 1364
Sq Ft Source: Realist
Water: Public
Water Company: City of Granite Falls
Welcome to your dream home! This immaculate 1,364 sq ft residence, built in 2020, offers modern living with a touch of elegance. Featuring 3 spacious bedrooms and 2.5 bathrooms, the home is designed for comfort and convenience. Ideally situated near Granite Falls High School and just two minutes from downtown Granite Falls, this location provides easy access to shopping, dining, and entertainment. Inside, the open floor plan connects the living, dining, and kitchen areas. The primary suite offers a retreat with a private bathroom and generous closet space. Additional highlights include an attached garage. Dont miss the opportunity to own this exceptional property. Schedule your showing today!
Courtesy of CENTURY 21 North Homes Realty Information is deemed reliable but not guaranteed.
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
• Fair market value attracts buyers, overpricing never does.
• The first two weeks of marketing are crucial.
• The market never lies, but it can change its mind.
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons, but the two biggest are location and condition. Generally, fair market value can be estimated by considering the comparables - other similar homes that have sold or are currently for sale in the same area.
Sellers often view their homes as special, which tempts them to put a higher price on it, believing they can always come down later, but that's a serious mistake.
Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range and look for the best value in that range.
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents.
With a sign in the yard, full description and photos in the local Multiple Listing Service, distribution across the Internet, open houses, broker's caravan, ads, and email blasts to your listing agent's buyers, your home will get the greatest flurry of attention and interest in the first two weeks.
If you don't get many showings or offers, you've probably overpriced your home, and it's not comparing well to the competition. Since you can't change the location, you'll have to either improve the home's condition or lower the price.
Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home's curb appeal, or perhaps stage the interior to better advantage.
The market can always change its mind and give your home another chance, but by then you've lost precious time and perhaps allowed a stigma to cloud your home's value.
Intelligent pricing isn't about getting the most for your home - it's about getting your home sold quickly at fair market value.