Alternatively, you can look at a recent property tax bill to get your home’s real market value. Your property tax statement lists your assessed value as well as the Real Market Value (RMV). Oregon requires that each county Assessor value all property at 100% of its RMV which is the price your property would sell for in an arm's length transaction around January 1st of the tax year.
Your state’s assessment rate (which is usually between 80 and 90 percent), you can estimate fair market value by dividing your tax-assessed value by that assessment rate.
There are several simple, low-cost things you can do to boost the value of your home. These include eliminating clutter, washing windows and walls, and installing higher wattage bulbs to create a brighter environment. Larger projects, like adding bedrooms and renovating kitchens and bathrooms, typically yield more substantial increases in sales price.
Staging your home, which helps paint a picture for how buyers will use their new space, can also add value.
The time your home spends on the market depends on several factors, including location, how competitively your home is priced, and how aggressively your home is marketed.
Statistics show that if a home is properly priced, an offer should come in within the first 12 showings.
If you want to speed up the sales process, don’t underestimate the value of staging. Research shows that well-staged homes can sell up to 32 percent faster than homes that aren’t staged.
A real estate agent can help with all aspects of the selling process, from pricing to marketing to handling the intricacies of closing.
An agent will negotiate on your behalf to secure the best price - and quickest sale - possible. Looking for an agent who can help guide you through the selling process? Feel free to contact us!
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