| Dallas houses have a great future ahead of them due | | | | that you come up with a fair price to offer buyers.) |
| to the boom times the Dallas economy is facing at the | | | | 2.How well-kept is your home? And the follow-up |
| moment. Some say the crime rate in Dallas is pretty | | | | question to that is: how neglected has it been? If your |
| high, but that actually depends on where your home | | | | home is a well-loved piece of property that you |
| might be. If your home were in one of these suburbs | | | | constantly attend to (fixing a door hinge on one |
| of Dallas - Keller, Colleyville, Coppell, Lewisville, South | | | | weekend, painting the walls of a room the next |
| Lake, Las Colinas, Carrollton, The Colony, Highland Park, | | | | weekend), then the odds are great that you can get a |
| University Park, Frisco, Allen, and Plano (among many | | | | very good price for your home when you sell it. If |
| others) - you will find that the crime rate is actually | | | | however your home has peeling paint on its external |
| much lower here than the US-wide average. | | | | and internal walls, door hinges have come loose so |
| You may be doubtful anyway and ask: is my home | | | | that the doors are askew, and the wood is warped on |
| good enough for other people to buy? Well, the | | | | certain floors and walls, then the odds of getting a |
| answer to that is: it depends what you are asking for it, | | | | great price go down considerably naturally. |
| for the condition it is in right now. There are realtors | | | | 3.How long have you lived in your home? And how old |
| who are choosy about the Dallas homes they buy but | | | | is it? This is also crucial because the older your home |
| there are also some who will buy Dallas houses that | | | | is, the more wear and tear it has probably undergone. |
| are in any state or condition (meaning, even the most | | | | Wear and tear on real estate is one reason why |
| dilapidated ones can be sold nowadays.) But be | | | | some landlords refuse to admit couples with young |
| reasonable - you cannot expect a dilapidated and ugly | | | | children who are known to write on walls and be |
| home to command the same market price as a | | | | rather harsh with using furnishings (like banging doors |
| well-kept and beautifully-designed home. That would | | | | so that doorknobs are wrecked for instance.) The age |
| be like saying an ugly and run-down car is sold at the | | | | of your home can be mitigated though by how well |
| same price as top-of-the-line advanced and new car | | | | kept the house is at the time you put it on the market. |
| models. It just isn't realistic. | | | | Having taken these factors into consideration, you are |
| What would be realistic is if you were to take stock of | | | | now ready to start canvassing market prices for the |
| your Dallas home and look into the following factors | | | | area you are in. You can examine the daily paper for |
| that may influence its sale price: | | | | news about real estate in your location, or go online |
| 1.What was the original price at which you bought your | | | | and look through industry newsletters and maybe |
| home, or had it constructed for? This gives you a | | | | even online forums for that information. The more |
| baseline from which you shouldn't budge when given | | | | well-informed you are, the better is your chance of |
| offers by potential buyers - unless, your home is pretty | | | | coming up with a competitive price that buyers will be |
| run-down and has been neglected (in which case, you | | | | interested in later on. |
| should factor in the depreciation of the market price so | | | | |