My best advice is to contact a realtor in your area they will do a comparable market anaylisis for you and compare your home to others that have sold.

Fri May 23 2008, 11:41

tryhttp:// www.evaluate-my-home.com you'll get a 1/4 mile radius search around your property for recently sold, similar size homes. You can then drive around and compare the properties to yours. You'll have a pretty good idea after that.

Fri May 23 2008, 10:47

Hi there Patricia, It souns like you have a great home. I am sure you will have problem in selling it. With regards to the pricing, that will depend on many factors such as how the home is Marketed. How much exposure you get and how many offers you get. The more the better of course. The homes today that get the most exposure get the most interest, hence the most offers. To determine the asking price you should sit down with profesional realtor.

If you would like to know how this can be done please feel free to drop me a line
I will be in San Fran Parkside are in two weeks
Kind Regards
Michael Barron
First Team Real Estate
(714) 552-6817
www.ntustinhomes4sale.com

Fri May 9 2008, 17:59

Hi Patricia,

What a great response you've had on your question! The information that has been given by the other agents seems "spot on", especially the part about getting a few opinions. That's a great way to start. You will also want to do some homework on your neighborhood ahead of time so that you can tell if the agent talking with you knows what their doing. There will be a pricing difference for the Center Patio's or In-Law Potential homes but that can be easily seen with a properly done CMA or Market Analysis.

The market in SF is very pocketed with some areas gathering multiple offers while other areas are quiet. You're in a great location, so you're going to get the attention but the pricing is going to be very important. Too high and you'll sit for a while. The REO stuff hasn't really come your way yet but if that happens, the Bank will start their asking prices well below market in hopes to move it from their books fast. In turn, that could affect the Non-REO properties. I think you're hitting at a great time.

Fri May 9 2008, 13:54

Dear Patricia,

It is very possible. How large is your home? Have you seen other comparable homes? How do you feel they compare? No respectable realtor can give you a true price without seeing your home first and then doing a comparable market anaylsis. As others have asked, how close is your home to West Portal? To the ocean? To 19th Avenue? Are you up by Golden Gate Heights or near Stern Grove?

Have you spoken with a realtor? I am biased, but you really should speak to a couple of realtors and get their thoughts on pricing, the real estate market in general and what they would do to market your home. It is a free service we offer - don't let any try and charge you for the Comparative Market Analysis. And we all are happy to do this!

Cheers,

Sally

Fri May 9 2008, 08:51

Patricia,
We see houses all the time and from that experience and access to the sales data we can arrive at a value based on current market conditions.
To generate the highest and best price for your property, the house needs to be prepared and positioned in the market to compete favorably with all home that are in competition with it.
There will always be determing factors like, how close are you to West Portal, are you in the middle of the block on 31st Ave or along Wawona near the Grove. These things will vary value. The best thing you can do is work with a Realtor that can help you prepare the property so that, given all other factors, yours is the most desirable among it's competition.

Fri May 9 2008, 08:16

Hi Patricia,

The comps for homes has been literally all over the map. It's a very strange time for pricing real estate these days. There are those houses that for some reason attract multiple bids and sell way over the initial asking price. Then there are others that seem to be priced just right that sit on the market, possibly get a price reduction and eventually sell.

The best way for you to get a sense of your properties value is to attend open houses in your neighborhood so that you can begin to have a well informed view of local market comps. Next definitely seek the advice of at least 3 realtors who can evaluate the comps, look at the features of your house specifically and then talk about their method to market your property to reach your price goals.

I hope this helps to some extent. Good luck!

-- Kevin

Fri May 9 2008, 07:43

Patricia, it's possible you could be unrealistic. BUT, you haven't had a real estate agent into your home to really discuss the value. Every property is unique, and therefore, should command a unique price. Also, the basis of what the local neighborhood recent sales are for a home of comparative size, with comparative amenities and upgrades, comes into play for comparison reason. Have you been out to see other homes that are in the 900K range to see if your home compares for the local area? That would be a first thing to do in terms of homework for you - perhaps this Sunday. Also, select an agent to come give you a sales presentation so that you can understand the opinion of a professional who facilitates the selling and buying of homes many times a year.

Fri May 9 2008, 06:43