The true market value of a home is what a buyer is willing and able to pay for it."
Setting a sales price for a home is a delicate balance. Price too high and the home won't sell; too low and it won't sell for what it's worth. Of course, the sales price should be based on fair market value--what a knowledgeable buyer would pay and an informed seller would accept.
A home's value has a lot to do with what other similar homes in the area have sold for recently, taking into account size, style, age, number of bedrooms and baths, garage, lot size, condition and, of course, location. Ultimately, though, the price you receive for your home will have to do with who the available buyers are, what they're looking for and what other houses are available for sale.
Price Against Comparable Sales in Your Neighborhood
No matter how attractive and polished your house, buyers will be comparing its price with everything else on the market.
Your best guide is a record of what the buying public has been willing to pay in the past few months for property in your neighborhood.
Below is the last few months of home sales in Woodlake.
|
RES |
MLS No. |
Address |
Bedrooms |
Full/Half Bath |
Rooms |
Square Feet |
List Price |
Sold Price |
Days On Market |
|
1 |
2830635 |
14105 Laurel Trail PL |
3 |
2/1 |
1,457 |
$209,900 |
$200,000 |
156 | |
|
3 |
2840071 |
5508 Highberry Woods RD |
4 |
2/1 |
1,624 |
$219,900 |
$215,000 |
89 | |
|
4 |
2901159 |
5708 Laurel Trail Road |
4 |
2/1 |
1,825 |
$224,950 |
$220,000 |
30 | |
|
5 |
2839934 |
14910 Highberry Woods TER |
4 |
2/1 |
2,024 |
$239,500 |
$233,000 |
85 | |
|
6 |
2830714 |
14905 Highberry Woods PL |
4 |
2/1 |
1,853 |
$239,900 |
$224,000 |
132 | |
|
7 |
2839667 |
5405 Orchard Grove LN |
4 |
2/1 |
2,047 |
$249,950 |
$241,300 |
73 | |
|
8 |
2900176 |
14202 Fiddlers Ridge PL |
4 |
2/1 |
2,191 |
$258,000 |
$254,000 |
12 | |
|
9 |
2838403 |
5800 Gates Mill CT |
4 |
2/1 |
2,840 |
$269,900 |
$252,500 |
73 | |
|
10 |
2836247 |
5309 Meadow Chase RD |
4 |
2/1 |
2,518 |
$275,000 |
$269,000 |
17 | |
|
11 |
2908893 |
13905 North Chase PL |
4 |
2/1 |
2,264 |
$275,000 |
$270,000 |
8 | |
|
12 |
2840604 |
14402 Silver Birch CT |
4 |
2/1 |
2,252 |
$279,950 |
$271,950 |
83 | |
|
13 |
2816445 |
5708 Sandstone Ridge Road |
4 |
2/1 |
2,705 |
$294,950 |
$278,400 |
235 | |
|
14 |
2840303 |
5900 Martin Glen RD |
5 |
2/1 |
2,574 |
$299,900 |
$295,000 |
19 | |
|
15 |
2828904 |
5908 Moss Creek RD |
4 |
2/1 |
2,963 |
$305,000 |
$271,000 |
198 | |
|
16 |
2900907 |
6114 Sedgefield TER |
4 |
2/1 |
2,464 |
$317,950 |
$303,000 |
69 | |
|
17 |
2841633 |
14408 CLIPPER COVE CT |
5 |
4/1 |
4,032 |
$650,000 |
$570,000 |
26 | |
|
18 |
2832023 |
6103 Moss Creek CT |
4 |
3/0 |
3,196 |
$675,000 |
$625,000 |
96 |