10/08/2026
๐ก ONE HOME. THREE VERY DIFFERENT PRICES.
Before deciding what to offer on a property, every buyer should understand these three numbers:
1๏ธโฃ THE LIST PRICE
This is the price chosen to introduce the home to the market. It may reflect market value, but it can also be positioned lower to encourage competition or higher to leave room for negotiation.
2๏ธโฃ THE MARKET VALUE
This is the price the property is reasonably expected to command based on recent comparable sales, condition, location, features, current competition and buyer demand.
3๏ธโฃ YOUR MAXIMUM COMFORTABLE PRICE
This is personal to you. It considers more than the amount a lender has approved. Your mortgage payment, property taxes, utilities, maintenance, insurance and everyday lifestyle should all remain manageable.
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A home may be worth more than its list price. It may also be worth more than you are personally comfortable paying. Knowing the difference helps you make a competitive decision without allowing emotion to take control.
๐๐๐๐ข ๐๐ง๐๐ซ๐ค๐ง ๐๐๐ก๐ฅ๐จ ๐๐ช๐ฎ๐๐ง๐จ ๐ช๐ฃ๐๐๐ง๐จ๐ฉ๐๐ฃ๐ ๐ฉ๐๐ ๐ข๐๐ง๐ ๐๐ฉ ๐๐๐ฉ๐, ๐๐ซ๐๐ก๐ช๐๐ฉ๐ ๐ฉ๐๐ ๐ฅ๐ง๐ค๐ฅ๐๐ง๐ฉ๐ฎ ๐๐ฃ๐ ๐๐จ๐ฉ๐๐๐ก๐๐จ๐ ๐ ๐๐ก๐๐๐ง ๐ก๐๐ข๐๐ฉ ๐๐๐๐ค๐ง๐ ๐ฃ๐๐๐ค๐ฉ๐๐๐ฉ๐๐ค๐ฃ๐จ ๐๐๐๐๐ฃ.
The goal isnโt simply to secure the home. Itโs to feel confident about the decision after the keys are yours.
