Pricing your home for sale isn’t always easy. You want to get as much as possible, but you want several buyers to consider purchasing it at the same time. Unfortunately, there’s no one-size-fits-all formula for determining how to price your home. While you can rely on your Realtor® for an accurate, up-to-date comparative market analysis, you still have to attempt to figure out where the market is going and what other people will think your home is worth.

The Factors that Help Determine What Your Home is Worth

Think about your home’s location within the Main Line area. A home in Bryn Mawr, for example, may sell for more than an identical home in Haverford, depending on the neighborhood and its proximity to local amenities.

While upgrades and additions can add to your home’s value, they may not add as much as you think. In fact, you may not even recoup your costs of a remodel.

Sale prices depend on what’s going on in your community, as well. If the residents are all moving away for greener pastures, you’re not going to have much of an advantage in the marketplace (and you’ll have a lot of competition from everyone who’s leaving). However, if new shops are moving in, new businesses are developing their headquarters, and people are clamoring to get in, yo