Pricing Your Boston Condo

Under Agreement! South End 2 Bed with Private Deck Listed at $999,900

South End 2 bed condoMy immaculate South End 2 bed condo listing with private deck went under agreement in 2 days for over the asking price.This home features a spacious open concept living room with front-facing bay windows overlooking Ringgold Park and Street. There are beautiful built-in bookshelves, fireplace, very high ceilings, and recessed lighting. It opens to a modern kitchen with gas cooking, granite counters, breakfast bar, and stainless appliances.The spacious master bedroom accommodates a king-size bed with plenty of additional space. The bedroom has a gas fireplace, custom built-in closet, and walk-out access to private deck. There is an ample second bedroom. The luxurious bath has a marble surround. Gleaming wood floors and recessed lighting are throughout the home. See photos and details for70 Waltham Street, #2.You might think that good condo sale results like these are a given in this market, but they're not. They are contingent upon accurate pricing, quality professional showings, expert transaction management, and the best and widest possible marketing. Good results require anexperienced Realtor who can, and will, effectively and proactively market and sell your property.If you have been thinking of sellingyour Boston condo or home, please get in touch. I have been helping people buy and sell Boston real estate for just about 25years, and I understandthe pitfalls that can derail a real estate transaction. I always make it my business toproactively deal with these issues.Heres what you shouldknow aboutselling your Boston home or condo.If you haveany questions about buying or selling Boston real estate,call me at617-584-9790. Or click the blue button below to email me.  Boston real estate 

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Selling Your Boston Condo or Home: Factors that Determine Pricing

Pricing Boston condosBoston-area home prices per square foot currently span the gamut from $175 to $3,132, according to a new article by Curbed Boston. Curbed put together a chart to illustrate the ranges around the city, which includes some of Boston's surrounding suburbs.In some neighborhoods, the square foot price span is a lot larger than in others; Back Bay, for example, currently goes from $579 to $3,132 per square foot.Why such big differences?The factors that go into pricing a condo or single family home include the condition of a property, how good (or not) the common areas look, how well the home "shows," the condo association's financial condition, where on the block the home is located, what percentage of the building is owner-occupied, what improvements or repairs have been made, what repairs may be coming up, how much light there is, and what the parking options are.You've probably seen ads for instant home price workups in your Facebook feed. The problem with them is that they're based on algorithms that don't know any of those important specifics about your home. They also don't have that gut feeling that comes with 25 years of experience in the Boston residential real estate market.I believe thatpricing is one of the most critical decisions you can make regarding the sale of your home. Even in an active market, overpricing can have serious consequences. When I put a listing on the market, my objective is for everyone at the first open house to fear that the person next to them is going to buy it.I have been analyzing property values for more than two decades. I've also worked as an appraiser. Whether your property is in BostonsSouth End,Back Bay,Beacon Hill,South Boston,Waterfront,North End,oranyof the core downtown neighborhoods or surrounding communities, I am prepared to give you good advice on pricing.Learn what your Boston condo or home is worth.Read Curbed Boston's Boston-area Home Prices in Early October Range from $175-$3,132 a Foot.In my 25 years in the Boston real estate market, it's been my priority to develop anextensive knowledge of the city, neighborhoods, buildings, people, and the many issues involved in the local real estate market.Doyou have questions about buying or selling Boston real estate?Please call me at617-584-9790, or email me by clicking the blue button below. Boston real estate 

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Boston Real Estate: Selling Your Boston Condo or Home

Boston real estate market #BostonRealEstate #BostonCondosHere's information that couldinterest you if you're thinking of selling your Boston condo or home. This graph illustrates the number of Boston residential units that have gone under agreement for purchase in the 30 day period ending April 15, 2016. It also shows how many listings were available at the end of that same period. In 2013, a new phase of low supply began and it has remained low every year since then.When we compare the amount of properties under agreement against the number available, we get what is known as an "absorption" rate. The rate is seen in months of supply, with most analysts considering a balanced market to be a three month supply. We currently have about 1.02 months supply. When the supply is lower than balanced, upward pressure is placed on the prices.Witha bitmore inventory than last year at this time (1.02 months supply versus last April's .96 month supply), there's slightlyless competition for buyers. That said, it's still a great market for sellers in Boston. If a property is priced correctly, shows well, and is well-located, it can go under agreement very quickly.I like to stress that, if you plan to sell your Boston condo or home even when demand is high, it's still very important to price it right from the start. My goal when listing a home is to capitalize on the motivation of serious buyers, and those are the buyers who will visit the listing within the first couple of weeks it is on market.You want to make sure you'll get them through your front door.I refer to pricing your Boston home correctly asone of four vital components to selling with a good outcome.An experienced broker who knows the market well willhelp you to understand the value of your home in the marketplaceand how to price it. They will expose your home to the widest possible group of qualified buyers, and show and represent your home in the best possible light. Most importantly,theycan give yousound guidance through the potential pitfalls that can, and do,derail real estate transactions.Ifyouhave been thinking about selling your Boston home or condo, or have questions about buying or selling Boston real estate, pleasecall me at617-584-9790. Or you canemail me viathe blue button below.I have helped people buyhomes and condominiums in Boston and its suburbs for over 24 years.I have developed anextensive knowledge of the city, neighborhoods, buildings, people, and the many issues involved in the local real estate market. I would love to hear from you. Boston real estate 

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