Find the comparables that matter
The most comparable properties share a similar area, type, size and condition. Recent sales are generally more informative than asking prices alone.
A serious comparison accounts for differences rather than ignoring them.
Assess condition and presentation
Repairs, renovations and the quality of presentation influence how buyers perceive a property. Their effect, however, depends on the area and market expectations.
Keep invoices and useful documents to explain the improvements and work completed.
Review with up-to-date data
The market evolves, and a starting price does not guarantee a result. The strategy should be monitored based on actual interest and the information available.
An accurate valuation requires current local data and knowledge of the property.