Seven Steps to Buying a Home
Step 4: Make an Offer
Once you've found a home you love, the next step is deciding on a price you are prepared to pay for it. It's important to remember that a home is an investment.
Some things to consider when deciding on the best price point are:
Some things to consider when deciding on the best price point are:
- List price - Start with the price point that the home is priced at. This will give you a base when looking at the home's value.
- Market Analysis - You will need to look at comparable home values in the suburb to help you decide if the price point is on par with actual values of similar homes in the area.
- Improvements - You can ask the agent for a list of improvements made to the home and that will help you determine its market value.
