House Hunt: Thinking of Selling?

Because the Trumbull real estate market is still a strong buyer's market, it is more important than ever to make sure your home is priced competitively with other homes on the market. If you need to sell your home in a timely fashion, you must make sure it is priced accurately to reflect the conditions of the market.

Here is what you need to know before pricing your home: 

• Price with the market - not with emotions. Your perception of your home's value may not be in line with the buyers' beliefs. When pricing your home, it is important to take emotion out of the equation, and instead, look strictly at the facts and financials.
• Many sellers develop a natural attachment to their home, but buyers don't have the same emotions. Expect buyers to be well educated in the real estate market. Because of tighter lending restrictions, the real estate market has purged the buyer who may not be financially savvy, leaving buyers who are smart when it comes to the current real estate market conditions.
• Today's buyers know full well what the market will bear in terms of real estate values. Make sure to factor in the location of the home, and not just the home itself, when pricing your home. Location, location, location! There are some areas of Trumbull that have fared better than others when it comes to real estate values, so it is now more important than ever to consider location when determining the price of a home. 
• Never underestimate the value of a good real estate agent. A good real estate agent will be one who researches market trends and recent sales and listings to come up with an educated decision regarding the price of your home. Selling your home can indeed be an emotional process, but with these tips, you can price your home competitively in today's market.

Cheri Coleman is an experienced realtor with Coldwell Banker Residential Brokerage in Trumbull. She can be reached at 203-913-7552 and assist with any of your real estate needs.

This Week's Open Houses, Sunday, 1-3 p.m.

• 12 Shady Lane, Trumbull $374,500. Totally updated 3 bedroom home with granite counters, hardwood floors, sunroom, newer windows & architectural roof, c/a & more. Dir: Park, Wood Shady. www.SusanKotlen.com
• 34 May Court, Monroe $639,900. 5 bedroom Colonial on a double cul de sac. Granite eat-in kitchen opens to 2 story family room with fireplace & wet bar, study, deck with pergola & hot tub, finished lower level. Dir: RT 25, Bart, Melon Patch, April, May. www.JaneFerro.com
• 55 Melon Patch Lane, Monroe $455,900. Updated 4 bedroom, 2.5 bath Contemporary Colonial on gorgeous property. New eat-in kitchen with Corian, large screened porch with hot tub & changing room. Hardwood floors under carpet. Dir: RT 25, Bart, Melon Patch. www.JaneFerro.com
• 29 Sims Way, Shelton $359,900. 3 bedroom Colonial on cul de sac. Large master bedroom suite with vaulted ceiling, living room with fireplace and built-ins, formal dining room, eat-in kitchen, full finished lower level. Dir: Rt 102, Meadow, Perry Hill, Sims Way. www.PaulaTestani.com
• 18 Southridge Road, Prospect $599,900. Young 4 bedroom Colonial on a great lot in new neighborhood of homes! Open floor plan,  2 story entry, family room with three sided fireplace, huge eat-in kitchen. Dir: RT 8, RT 68, May, Salem, Southridge. www.JaneFerro.com
• 416 North Main St., Ansonia $210,000. Remodeled 4 bedroom, 1.5 bath Colonial near the Seymour line. New granite eat-in kitchen with atrium doors to deck, large walk-up attic, over 2000sf of living space. www.ViWatson.com

• 87 Edgewood Place, Fairfield $419,900 – Charming 3 bedroom Vintage Colonial on level property. Updated kitchen with granite, hardwood floors, living room with builtins, year round sunroom. Dir: Stratfield to Jackman to Edgewood Place.  www.SusanKotlen.com
• 471 Reitter St West, Stratford  $275,000 – Updated & immaculate 3 bedroom Cape with open floor plan & vaulted ceilings, skylights & hardwood floors. Large deck with benches, c/a. Dir: Broadbridge to Reitter St. West.www.SusanKotlen.com
• 13 Raynor Ave, Trumbull $$349,900 – 1^st time on market. Well built & maintained 3 bedroom Cape in convenient location. Many updates, detached 3 car garage with stairs to large upper level. Dir: Edison to Highgate to Raynor.www.SusanKotlen.com

For more information and additional listings go to www.cbmoves.com/trumbull.