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Answers (3)
- sunnyview
- Contributions:25139
Zillow has a definition of value range here. The value range is a way to account for a range of difference in houses that Zillow cannot see by the number alone like remodels, views, etc.
A house is good, updated condition may be on the upper end of the range, a house needing repairs may be on the low end of the range.
A house is good, updated condition may be on the upper end of the range, a house needing repairs may be on the low end of the range.
- Andra BEATTY, ABR,GRI,TRLP, "Andra Beatty"
- Contributions:102
Value Range involves using a price range rather than a fixed price to sell a home. The listing agent places your home in the Multiple Listing Service with a variable price range. It would be listed within a range like $300,000-$350,000 rather than listed at a fixed price. Value-range pricing is a strategy that has gained popularity in some states more than others. It does seem to be more popular in the western states like California and Washington.
In the Fort Worth/Dallas area market we rarely see value-range pricing. It does not provide a noticeable benefit to the seller and does not help your home sell faster. It can create confusion for the buyer that already has several homes to choose from. A recent study in our Texas market actually proved that it took longer to sell homes that used Value Range Pricing.
- HomeSand.net, "White Picture"
- Contributions:4397
It meant that your property has its value as low as $$$,$$$ up to $,$$$,$$$(high)
What exactly is the Value Range? What does that term mean?
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