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I am a local REALTOR here in the Mobile, AL area where I see you are listed. If you need anything else Real Estate related, don't hesitate to contact me.
Though, I heavily agree with Mr. John Fiala. Before putting a home on the market or listing with a real estate agent, savvy home sellers obtain a comparative market analysis, also reffered to in the industry as a CMA.You've probably received direct mail letters or post cards from local real estate agents about CMAs. These pitches offer you a free report to tell you how much your home is worth. Sellers use a CMA to figure out home pricing.
Once we receive a request to complete a CMA (which most agents do for free). We do extensive research in the areas of:
Examining Com parables Sales
Similar Square Footage
Similar Age of Construction
Similar Amenities, Upgrades and Condition
and more ...
I hope this helps a little, if not please let me know what else you may need.
Best of Luck,
P.S. So, either this option of enlisting the service of a REALTOR or you may have an appraisal done. This can be expensive and may also be done by an out-of-towner (which does cause inaccuracy).
Once you find a qualified agent that is a good fit for you, have them do a comparative market analysis on your home. Don't just look at the sold and active homes in your area, but be sure to look and see where the active and pending home sales are. The pending home sales will help determine what price range Buyers are buying in currently and what price range is hot for Sellers or Buyers, essentially where the fish are biting. The pending home sales are what is happening now, sold homes are where the market was and the active homes are where we think the market is. Good luck.
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