The Housing Market and Your Home
The price your home could sell for is directly related to the surrounding Boerne housing market- specifically, the housing market right around your home. Real estate agents set the sales price of a home by comparing what similar Boerne real estate has sold for. If a home nearby sells for a large amount of money, you can count on the possibility of the price of your own home being increased. Alternately, the foreclosure down the road will have a negative impact on your potential sales price. Price is also driven by location. For example, a historical Boerne home can be priced much higher than a similar property in a standard neighborhood.
If you are curious about the housing market around you, your Keller Williams Boerne REALTOR® is able to generate a list of homes sold in your neighborhood within the past 3-12 months. This will give you a good idea of what the housing market is like in your neighborhood and can give you some insight as to what your home could possibly sell for.