The Peggy Patenaude Team | Andover Real Estate, North Andover Real Estate, Boxford Real Estate


As you get ready to add your house to the real estate market, you likely will consider high and low initial asking prices. However, it is important to remember that no two residences are exactly alike. And much in the same vein, the initial asking price for your home may vary from that of a similar residence based on your house's condition, age and other factors.

Ultimately, a diligent home seller will allocate the necessary time and resources to determine a competitive initial asking price for his or her residence. This seller will be able to establish an initial home asking price that hits the mark with buyers, and as a result, stir up plenty of interest in his or her house.

Determining the ideal initial home asking price may seem tough at first. Fortunately, we're here to help you set a competitive price for your residence, regardless of the current housing market's conditions.

Now, let's take a look at three tips to help you establish the ideal initial asking price for your residence.

1. Assess Your Home

The present condition of your house may have a major impact on its value. Thus, you should perform a home inspection before you list your house to identify any underlying problems and address such issues.

A home inspection is generally requested by a buyer after a seller accepts an offer on a residence. Conversely, a seller who wants to go above and beyond the call of duty may perform an inspection to take a proactive approach to home improvement projects. This approach may help a seller mitigate potential home problems before they are discovered later in the home selling process.

Thanks to a home inspection, a seller can establish home improvement priorities. Then, this seller can perform myriad home improvements and move closer to maximizing the value of his or her residence.

2. Evaluate the Housing Market

Operating in a seller's market is far different from selling a house in a buyer's market. If you review the real estate market, you can gain the insights you need to establish a competitive price for your home.

Take a look at the prices of houses in your area that are similar to your own residence. This information will enable you to understand the price range for comparable houses in your city or town.

Also, evaluate the prices of recently sold residences in your area. This housing sector data will allow you to determine whether you are operating in a buyer's or seller's market.

3. Collaborate with a Real Estate Agent

A real estate agent knows the ins and outs of selling a home in any housing market. He or she can offer a wide assortment of housing market data. Perhaps most important, a real estate agent will make it simple for you to establish a competitive price for your residence and reap the benefits of a fast, profitable home selling experience.

Want to add your house to the real estate market? Use the aforementioned tips, and you should have no trouble setting a competitive initial asking price for your house.



4 Landau Lane, Andover, MA 01810

Single-Family

$650,000
Price

12
Rooms
5
Beds
3/1
Full/Half Baths
Rare opportunity to build equity in desirable "CARRIAGE CHAISE ESTATES". Desirable multi-level home awaits your personal touch. With almost 5000 sq ft of heated living space, current/original owners have improved the original structure w/ large Kitchen addition & glass Sunroom. Formal Living rm has fireplace w/ wood stove insert, Formal Dining Rm & very large Kitchen area w/ walk-in pantry closet & slider to deck. Large Family Room also has a fireplace w/ wood stove insert & leads to glass Sunroom w/ 2 skylights. Half bath & Laundry room also on the first floor. Private in-law or au-paire suite on first floor with full bath. Second/third floors have 4 bedrooms w/ hardwood (under w/w) & 2 full baths. Also 2-room Office area. Finished walk-up attic provides even more space to move around. Town water, town sewer, natural gas, irrigation, roof replaced 2015, exterior painted 2014, Boiler replaced @ 2013, hot water heater replaced @ 2014. Choose this fabulous location & make it you own!
Open House
Sunday
June 24 at 2:00 PM to 3:30 PM
Popular Andover neighborhood!
Cannot make the Open Houses?
Location: 4 Landau Lane, Andover, MA 01810    Get Directions

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27 Buttonwood Drive, Andover, MA 01810

Single-Family

$1,350,000
Price

12
Rooms
4
Beds
4/1
Full/Half Baths
This spectacular Fieldstone Meadows home is the perfect example of an original-owner home that has been loved & meticulously maintained since the day it was built. Being one of the first homes to be built in FM, they had their choice of lots & carefully chose this one for it's private backdrop, ability to be further cleared & abuts conservation land. Natural light FILLS this open floor plan which provides an amazing opportunity to entertain impressively & live life comfortably. Large white Kitchen w/ SS newer appliances & 2 peninsulas overlooks deck & private yard. Family Rm over 3-car garage has HDWD floors, gas fp & walk-in closet. Master Bedroom Suite was well planned w/ tile shower w/ glass & whirlpool. Finished walk-out LL has full bath, wet bar & plenty of storage area. From the paver driveway, to the private yard, to the spacious floor plan this home is a joy to see! Town water, town sewer & natural gas. Quick closing possible. Easy access to Rtes 93 & 495. Don't miss this one!
Open House
Sunday
June 24 at 2:00 PM to 3:30 PM
Fieldstone Meadows home!
Cannot make the Open Houses?
Location: 27 Buttonwood Drive, Andover, MA 01810    Get Directions

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12 Cloverfield Drive, Andover, MA 01810

West Andover

Single-Family

$1,099,900
Price

14
Rooms
5
Beds
4/2
Full/Half Baths
Majestic brick front home beautifully sited at end of desirable cul-de-sac. Offers fabulous floor plan, private yard with direct access to AVIS land. Very large open cherry Kitchen w/center island and large eating area. Two story Family room off kitchen showcases floor to ceiling fieldstone fireplace. Formally entertain in Living & Dining rooms PLUS tucked-away home Office overlooking back yard. You will LOVE the Two story Great Room w/ fieldstone fireplace & custom built-ins. 4 generous bedrooms - with hardwood floors plus mid-level 5th bedroom w/ full bath - perfect for in-laws or au-paire. Sunroom leads to new 2 tier deck for relaxing summer evenings. Mudroom has built-ins & half bath. A finished lower level adds 1100 square feet with full bath plus storage. Amenities include dental moldings, irrigation, central air, 3 car garage, security system & 3 fireplaces. Title V approved. This home was BRILLIANTLY designed for everyday living and impressive entertaining. Very rare offering!
Open House
Sunday
June 24 at 12:00 PM to 1:30 PM
Stunning home at end of cul de sac!
Cannot make the Open Houses?
Location: 12 Cloverfield Drive, Andover, MA 01810    Get Directions

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4 Landau Lane, Andover, MA 01810

Single-Family

$699,900
Price

12
Rooms
5
Beds
3/1
Full/Half Baths
Rare opportunity to build equity in desirable "CARRIAGE CHAISE ESTATES". Desirable multi-level home awaits your personal touch. With almost 5000 sq ft of heated living space, current/original owners have improved the original structure w/ large Kitchen addition & glass Sunroom. Formal Living rm has fireplace w/ wood stove insert, Formal Dining Rm & very large Kitchen area w/ walk-in pantry closet & slider to deck. Large Family Room also has a fireplace w/ wood stove insert & leads to glass Sunroom w/ 2 skylights. Half bath & Laundry room also on the first floor. Private in-law or au-paire suite on first floor with full bath. Second/third floors have 4 bedrooms w/ hardwood (under w/w) & 2 full baths. Also 2-room Office area. Finished walk-up attic provides even more space to move around. Town water, town sewer, natural gas, irrigation, roof replaced 2015, exterior painted 2014, Boiler replaced @ 2013, hot water heater replaced @ 2014. Choose this fabulous location & make it you own!
Open House
Sunday
June 24 at 2:00 PM to 3:30 PM
Popular Andover neighborhood!
Cannot make the Open Houses?
Location: 4 Landau Lane, Andover, MA 01810    Get Directions

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