Map of Comparable Listings
Summary of Comparable Properties
A ACTIVE LISTINGS
P PENDING LISTINGS
S SOLD LISTINGS
$1,195,000 4 Beds 3.00 Baths 2,845 Sq. Ft. ($420 / sqft)
ACTIVE 5/8/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: South Everett
Style: 18 - 2 Stories w/Bsmnt
Full baths: 1.0
Features
Appliances Included:
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Basement: Daylight, Fully Finished
Building Complex Or Project: Fircrest Meadows
Building Condition: Good
Building Information: Built On Lot
Energy Source: Natural Gas
3/4 Baths: 2.0
Half baths: 1.0
Acres: 0.41006560000000003
Lot Size (sqft): 17,860 Garages: 2
Exterior: Brick, Wood
Floor Covering: Engineered Hardwood, Vinyl Plank, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: 2nd Primary BR, Bath Off Primary, Dbl
Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Skylights, Vaulted
Ceilings, Walk-in Closet
Lot Details: Cul-de-sac, Dead End Street, Paved Street
Year Built 1992 Days on market: 64
List date: 5/8/25
Updated: Jun 26, 2025 5:12 AM
List Price: $1,195,000
Orig list price: $1,195,000 Taxes: $7,504
School District: Snohomish
High: Glacier Peak
Middle: Valley View Mid Elementary: Seattle Hill Elem
Occupant Name: Ed & Thuy
Occupant Type: Owner
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA
Power Company: PUD
Roof: Composition
Sewer Company: Silver Lake Water & Sewer
Sewer Type: Sewer Connected
Site Features: Cabana/Gazebo, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed
Internet, Outbuildings, Patio
Sq Ft Finished: 2845
Sq Ft Source: Appraiser
Topography: Partial Slope
View: City, Mountain, Territorial
Water: Public
Water Company: Silver Lake Water
Water Heater Location: Garage Water Heater Type: Gas
Remarks
Experience luxury living with breathtaking views of the Cascade Mountains and Snohomish Valley in this stunning 2-story home with a finished basement. Perfect for entertaining, the turf backyard features a putting green, koi pond with waterfall, and lush gardens. A dramatic accordion door opens to a composite deck with motorized awningideal for indoor-outdoor gatherings. Main Level Features Bold Hardwood Floors leading to the chefs kitchen boasting slab granite counters, full-height tile backsplash, and stainless appliances. Ideal spacious basement offers potential as a separate living unit or create the bonus room of your dreams! Retreat to a view-filled primary suite with a spa-like 5-piece bath and a custom-designed walk-in closet.
Courtesy of Ballpark Realty Information is deemed reliable but not guaranteed.
$995,000
ACTIVE 6/13/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: Snohomish Style: 12 - 2 Story
Features
Appliances Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Basement: None
Building Information: Built On Lot
Energy Source: Electric, Natural Gas
Remarks
Full baths: 2.0
Half baths: 1.0
Acres: 0.47006008
Lot Size (sqft): 20,473
Garages: 2
Exterior: Metal/Vinyl
Floor Covering: Laminate
Foundation: Poured Concrete
Occupant Name: Harpreet
Singh
Occupant Type: Owner
Parking Type: GarageAttached
4 Beds 2.50 Baths
MLS
3,348 Sq. Ft. ($297 / sqft)
Year Built 2004 Days on market: 28
List date: 6/13/25
Updated: Jul 11, 2025 1:13 AM
List Price: $995,000
Orig list price: $995,000
Assoc Fee: $125
Taxes: $9,663
School District: Snohomish
High: Glacier Peak
Middle: Valley View Mid Elementary: Seattle Hill Elem
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA
Power Company: PUD
Roof: Composition
Sewer Company: City of Everett
Sewer Type: Sewer Connected
Sq Ft Finished: 3348
Sq Ft Source: Tax Records
Water: Public
Water Company: City of Everett
Welcome to your new home with breathtaking views of Mt. Baker, the Cascades, and the Snohomish Valley! Perched on an oversized lot above Lowell-Larimer Rd, this 3,300+ sq ft home offers expansive living and stunning scenery. Features include a
formal living room, dining area, and a family room with gas fireplace that opens to a bright eat-in kitchen with ample cabinetry and a huge walk-in pantry. Upstairs offers a luxurious primary suite, three additional bedrooms, and a large loft for entertainment. Both bathrooms feature skylights for natural light. EV charging in the garage adds convenience. Step outside to a private backyard oasis with a charming gazeboideal for relaxing or entertaining. A must-see!
Courtesy of Green Path Real Estate Information is deemed reliable but not guaranteed.
The Novak Team at REAL Brokerage www.NovakTeam.com
4726 119th Place SE
$979,000
ACTIVE 4/29/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: Pioneer Trails
Style: 16 - 1 Story w/Bsmnt.
Features
Appliances Included:
Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Architecture: Traditional
Basement: Daylight
Building Condition: Very Good
Building Information: Built On Lot
Effective Year Built Source: Public Records
Energy Source: Electric, Natural Gas
Full baths: 2.0
3/4 Baths: 1.0
Acres: 0.22002568
Lot Size (sqft): 9,583 Garages: 2
Exterior: Brick, Wood Products
Floor Covering: Laminate Hardwood, Vinyl, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: 2nd Kitchen, 2nd Primary BR, Bath Off Primary, Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings
Leased Equipment: No
Lot Details: Curbs, Paved Street, Sidewalk
Occupant Name: Owner
4 Beds 2.75 Baths 2,915 Sq. Ft. ($336 / sqft)
Year Built 1988 Days on market: 73
List date: 4/29/25
Updated: Jul 10, 2025 5:04 AM
List Price: $979,000
Orig list price: $1,050,000
Taxes: $7,396
School District: Snohomish
High: Glacier Peak
Middle: Valley View Mid Elementary: Seattle Hill Elem
Occupant Type: Owner
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA
Power Company: PUD
Roof: Composition
Sewer Company: Silver Lake Water
Sewer Type: Sewer Connected
Site Features: Cable TV, Deck, Dog Run, Electric Car Charging, Fenced-Fully, Gas Available, High Speed Internet, Patio
Sq Ft Finished: 2915
Sq Ft Source: Realist
Topography: Fruit Trees, Garden Space, Level, Partial Slope, Terraces
View: Mountain, Territorial Water: Public
Water Company: Silver Lake Water
Water Heater Location: Lower Level Water Heater Type: Gas
Remarks
Fabulously updated home with great view of Snohomish Valley. Enjoy hot air balloons, skydivers & Mt Baker from your private deck. Primary bedroom, living, kitchen & laundry are located on main level. Guest bathroom has just been remodeled. 3 bedrooms & 2 full baths on main level. Daylight basement ADU has private level entrance or access via interior stairs. The ADU has a new kitchen with a 3/4 bath. Don't miss the bonus room downstairs. Has been used as woodshop & exercise studio. Electric vehicle charging. Furnace/AC/water heater only 2 years old. Beautifully landscaped yard. Snohomish School District! No HOA fees. Easy access to Mill Creek, Snohomish, I-5, Hwy 9. Plenty of parking in a safe, quiet, established neighborhood. Welcome Home!
Courtesy of HomeSmart One Realty Information is deemed reliable but not guaranteed.
$975,000 4 Beds 2.50 Baths 2,603 Sq. Ft. ($375 / sqft)
ACTIVE 5/6/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: Seattle Hill
Style: 12 - 2 Story
Features
Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Basement: None
Building Information: Built On Lot
Energy Source: Natural Gas
Exterior: Brick, Cement Planked
Full baths: 2.0
Half baths: 1.0
Acres: 0 18002936
Lot Size (sqft): 7,841 Garages: 2
Floor Covering: Ceramic Tile, Hardwood, Slate, Vinyl, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Walk-in Closet
Lot Details: Cul-de-sac, Sidewalk
Occupant Name: Owner
Occupant Type: Owner
Year Built 2005 Days on market: 65
List date: 5/6/25
Updated: Jul 8, 2025 1:43 PM
List Price: $975,000
Orig list price: $1,100,000
Assoc Fee: $300
Taxes: $8,899
School District: Snohomish
High: Buyer To Verify
Middle: Buyer To Verify
Elementary: Buyer To Verify
Parking Type: Driveway Parking, Garage-Attached
Possession: Closing
Potential Terms: Cash Out, Conventional Power Company: Snohomish County PUD Roof: Composition
Sewer Company: Cross Valley Water District
Sewer Type: Sewer Connected
Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, RV Parking
Sq Ft Finished: 2603
Sq Ft Source: Realist - Buyer to Verify
Topography: Garden Space
View: Mountain, Territorial Water: Public
Water Company: Cross Valley Water District
Remarks
**SPECIAL 4.65% INTRO RATE!** Beautifully cared-for Craftsman home nestled at the end of a quiet cul-de-sac in the soughtafter High Valley Ranch community. Located within the top-rated Snohomish School District. Enjoy stunning year-round valley views from the expansive deck and fully fenced backyardperfect for entertaining. Includes gas range and stove, upgraded quartz countertops (2021), jetted tub, and a luxurious five-piece primary bath with dual vanities. Soaring vaulted ceilings fill the home with natural light. Two-car garage with guest parking. Central A/C provides comfort in all seasons. Pet-free home with generous storage throughout. Dont miss this one!
Courtesy of Redfin Information is deemed reliable but not guaranteed.
$1,000,000
PENDING 5/26/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: Pinehurst
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s)
Basement: None
Building Information: Built On Lot, Planned Unit Dev
Community Features: Park, Playground
Energy Source: Electric, Natural Gas
Exterior: Metal/Vinyl
Half baths: 1.0
Acres: 0.20002752000000001
Lot Size (sqft): 8,712
Garages: 3
List date: 5/15/25
Floor Covering: Concrete, Hardwood
Foundation: Poured Concrete
Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Vaulted Ceilings, Walk-in Closet, Walk-in Pantry
Lot Details: Paved Street, Sidewalk
Occupant Name: Caretaker
Occupant Type: Vacant
4 Beds 2.50 Baths 2,968 Sq. Ft. ($337 / sqft)
Year Built 2002 Days on market: 11
Pending date: 5/26/25
Updated: Jun 19, 2025 5:37 AM
List Price: $1,000,000
Orig list price: $1,000,000
Assoc Fee: $525
Taxes: $8,533
School District: Snohomish
High: Glacier Peak
Middle: Valley View Mid
Elementary: Seattle Hill Elem
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional Power Company: Snohomish PUD
Roof: Composition
Sewer Company: Silver Lake
Sewer Type: Sewer Connected
Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio
Sq Ft Finished: 2968
Sq Ft Source: Realist
Topography: Garden Space, Level, Sloped
View: Mountain, Territorial
Water: Public
Water Company: Silver Lake
Water Heater Location: Garage
Water Heater Type: Gas
Remarks
Beautifully updated 4BR, 2.5BA home nestled in the Pinehurst neighborhood. A new roof, carpet and paint give this home a crisp modern feel. The kitchen features swirled latte quarts counters and pass-through butler's pantry. Enjoy high ceilings, a dedicated office, cozy living room, and a spacious family room with expansive north-facing windows offering a treehouse-like feel-- lush greenery in Summer & mountain views in Winter. Relax or entertain on the oversized deck. Upstairs offers 4 bedrooms, a versatile bonus space, and a generous primary suite with sitting area. Tandem 3-car garage with storage area. Neighborhood park nearby, Stylish, spacious, and move-in ready!
Courtesy of Windermere Bellevue Commons Information is deemed reliable but not guaranteed.
5121 119th Place SE
$814,000 4 Beds 3.25 Baths 2,298 Sq. Ft. ($354 / sqft)
PENDING 6/14/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: Seattle Hill
Style: 13 - Tri-Level
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Garbage
Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Basement: Daylight, Fully Finished
Building Complex Or Project: Woodridge Heights Division 3
Building Condition: Very Good
Building Information: Built On Lot
3/4 Baths: 1.0
Half baths: 1.0
Acres: 0.27003256
Lot Size (sqft): 11,761
Garages: 2
List date: 5/4/25
Effective Year Built Source: Public Records
Energy Source: Electric, Natural Gas
Exterior: Metal/Vinyl
Floor Covering: Hardwood, Vinyl Plank, Wall to Wall Carpet
Foundation: Poured Concrete
Year Built 1997 Days on market: 35
Pending date: 6/14/25
Updated: Jun 14, 2025 3:00 PM
List Price: $814,000
Orig list price: $839,000 Taxes: $7,140
School District: Snohomish
High: Glacier Peak
Middle: Valley View Mid
Elementary: Seattle Hill Elem
Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Skylights, Vaulted Ceilings, Walk-in Closet, Walkin Pantry
Lot Details: Corner Lot, Culde-sac, Curbs, Paved Street, Sidewalk
Occupant Name: Tim and Jackie
Occupant Type: Owner
Parking Type: Driveway Parking, Garage-Attached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA
Roof: Composition
Sewer Type: Sewer Connected
Site Features: Deck, FencedFully, High Speed Internet, Patio, RV Parking
Sq Ft Finished: 2298
Sq Ft Source: Realist
Topography: Garden Space, Partial Slope
Remarks
View: Mountain, Territorial Water: Community
{Immaculately Maintained Home w/Mt. Views in Snohomish School District!}Turn key 4 bedroom, 3.25 bath home has tons of natural lighting & open living space. Primary bedroom has walk in closet & ensuite. Vaulted ceilings w/shy 2300 sf of living space offer plenty of room to spread out. Newer roof, central A/C, newer carpet (3/2025) in upper bedrooms along w/newer interior paint (3/2025) offer a refresh that feels like new. Ideally located near interstate, hwys, restaurants, medical, shops & more; 10 min. to downtown Snohomish or Mill Creek Town Ctr. No HOA. Large deck & fully fenced backyard. RV parking. Large lot is just over a quarter acre & sits in a cul-de-sac. Bonus Room offers additional flexibility! Finished DL Basement w/entry/exit.
Courtesy of Cruz & Co. LLC Information is deemed reliable but not guaranteed.
$975,000 4 Beds 2.50 Baths 3,221 Sq. Ft. ($303 / sqft)
SOLD 2/14/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: Silver Lake
Style: 12 - 2 Story
Full baths: 2.0
Half baths: 1.0
Acres:
0 12001192000000001
Lot Size (sqft): 5,227
Garages: 2
List date: 10/15/24
Sold date: 2/14/25
Features
Basement: None
Building Information: Built On Lot
Community Features: CCRs
Energy Source: Electric, Natural Gas
Exterior: Cement Planked, Stone, Wood
Financing: Conventional
Floor Covering: Concrete, 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, Loft, Security System, Walk-in Pantry, Walk-in Closet
Lot Details: Curbs, Drought Res Landscpe, Paved Street, Sidewalk
Occupant Name: Vacant
Occupant Type: Vacant
Year Built 2012 Days on market: 93
Off-market date: 2/14/25
Updated: Mar 16, 2025 9:00 PM
List Price: $975,000
Orig list price: $989,900
Assoc Fee: $50 Taxes: $8,745
School District: Snohomish
High: Glacier Peak
Middle: Valley View Mid
Elementary: Seattle Hill Elem
Parking Type: GarageDetached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA Power Company: Snohomish PUD
Roof: Composition
Sewer Company: Cross Valley
Sewer Type: Sewer Connected
Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio
Sq Ft Finished: 3221
Sq Ft Source: Realist
Topography: Garden Space
Water: Public
Water Company: Cross Valley
Water Heater Location: Garage
Water Heater Type: Gas
Remarks
Discover your dream home nestled in the Larimer Highlands with breathtaking mountain and valley views! The property features both formal and informal living spaces, perfect for entertaining or relaxing with guests. The centerpiece of the living area is a magnificent brick fireplace that adds warmth and charm. The spacious kitchen boasts a butler pantry and a cozy eat-in space, making meal preparation a delight. Hardwood floors grace the entire second story, leading to a loft-style bonus room that offers endless possibilities. Experience the perfect blend of versatility and comfort in this remarkable home!
Courtesy of Skyline Properties, Inc.
Information is deemed reliable but not guaranteed.
The Novak Team at REAL
$900,000
SOLD 3/28/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: Pinehurst
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Garbage
Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Architecture: Contemporary
Basement: None
Building Condition: Very Good
Building Information: Built On Lot
Community Features: CCRs
Effective Year Built Source: Public Records
Half baths: 1.0
Acres: 0 1700188
Lot Size (sqft): 7,405
Garages: 2
List date: 11/4/24
Sold date: 3/28/25
Energy Source: Natural Gas
Exterior: Metal/Vinyl
Financing: Conventional
Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet Foundation: Poured Concrete
Interior Features: Bath Off Primary, Dbl Pane/Storm Windw, Dining Room, French Doors, Loft, Walk-in Closet, Walk-in Pantry
4 Beds 2.50 Baths 2,996 Sq. Ft. ($300 / sqft)
Year Built 1999 Days on market: 117
Off-market date: 3/28/25
Updated: Apr 27, 2025 9:00 PM
List Price: $910,000
Orig list price: $939,950
Assoc Fee: $500
Taxes: $8,176
School District: Snohomish
High: Snohomish High
Middle: Valley View Mid
Elementary: Seattle Hill Elem
Lot Details: Cul-de-sac, Curbs, Dead End Street, Paved Street, Sidewalk
Occupant Name: Vacant
Occupant Type: Vacant
Parking Type: Driveway Parking, Garage-Attached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA Power Company: PUD / PSE Roof: Composition
Sewer Company: Silver Lake Water
Sewer Type: Sewer Connected
Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, Outbuildings, Patio
Sq Ft Finished: 2996
Sq Ft Source: Snohomish County
Topography: Level
View: Territorial
Water: Public
Water Company: Silver Lake Water Water Heater Location: Garage Water Heater Type: Electric
Remarks
HUGE Price Reduction!! Discover this wonderful 4-bed, 2.5 bath home with a den/loft, nestled in a serene cul-de-sac in the Pinehurst neighborhood. Featuring exquisite landscaping & a backyard that borders a protected greenbelt, offering tranquility & privacy from the sunny deck. Inside, hardwood floors extend from the entry through to the kitchen & breakfast nook. Bright, spacious kitchen boast large walk-in pantry and a central island, perfect for culinary endeavors. The huge primary bed has 5-piece bath with soaking tub, providing a perfect retreat at the end of the day. Each bedroom comes with its own walk-in closet. 2996 sqft very well distributed!
Courtesy of John L. Scott, Inc. Information is deemed reliable but not guaranteed.
$875,000
SOLD 5/6/25
Details
Prop Type: Residential
County: Snohomish
Area: 740 - Everett/Mukilteo
Subdivision: Seattle Hill
Style: 12 - 2 Story
Full baths: 2.0
Features
Appliances Included:
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Stove(s)/Range(s)
Basement: None
Building Complex Or Project: Woodridge Heights
Building Information: Built On Lot
Community Features: CCRs, Park, Trails
Half baths: 1.0
Acres: 0 15002064
Lot Size (sqft): 6,534
Garages: 2
List date: 3/27/25
Sold date: 5/6/25
Energy Source: Electric, Natural Gas
Exterior: Stone, Wood
Financing: Conventional
Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
Foundation: Poured Concrete
Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Security System, Walk-in Closet
4 Beds 2.50 Baths 2,299 Sq. Ft. ($381 / sqft)
Year Built 2006 Days on market: 1
Off-market date: 5/6/25
Updated: Jun 5, 2025 9:00 PM
List Price: $825,000
Orig list price: $825,000
Assoc Fee: $610
Taxes: $7,022
School District: Snohomish
High: Glacier Peak
Middle: Valley View Mid
Elementary: Seattle Hill Elem
Lot Details: Cul-de-sac, Curbs, Paved Street, Sidewalk
Lot Number: 8
Occupant Name: Marcus Richardson
Occupant Type: Owner
Parking Type: GarageAttached
Possession: Closing
Potential Terms: Cash Out, Conventional, FHA, VA Power Company: PUD
Roof: Composition
Sewer Company: Silver Lake
Sewer Type: Sewer Connected
Site Features: Deck, FencedPartially, Gas Available, High Speed Internet, Patio
Sq Ft Finished: 2299
Sq Ft Source: Realist
Topography: Garden Space, Level
Water: Public Water Company: Silver Lake
Water Heater Location: Garage Water Heater Type: Gas
Remarks
Beautiful new 2 story plan in highly desireable Woodridge Heights on a Cul-de-sac. Main floor plan with natural hardwood floors featuring an office/den close to front door, living room, open kitchen/family room. Upstairs features a 4th bedroom/bonus room. Spacious master suite with 5 piece bath and walk in closet. Back yard is completely fenced with Trex patio that is surrounded a cherry tree, grape vines, sorrel, strawberries and blueberries. Two red currant bushes in the front.
Courtesy of Best Choice Realty LLC Information is deemed reliable but not guaranteed.
Intelligent Pricing and Timing
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.
Intelligent Pricing and Timing
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.