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Pricing >Market Value

The first step you take when putting your home on the market is establishing the price. A professional market analysis can help you determine what the property is worth. Contact a real estate agent who is familiar with your area to get prices on the homes that are for sale and to see how long they have been on the market.

Your real estate agent will be able to provide you with information about the actual sale prices of homes that are similar to yours. He or she can also tell you about the features that influence the value of each property, such as the number of rooms, the overall condition, and the extra amenities -- home office, finished basement, luxury bathroom, hardwood flooring.

You can establish a market value for your home by putting all of this information together. If you price your home within 5% of the established market value, it should sell quickly.

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Q	What price range is considered upscale or high-end in residential real estate?
A	The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales.
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Honey L.D. Borla & Associates, REALTORŽ, real estate agent and broker for Las Vegas, Centennial Hills and Summerlin Nevada home listings, property and land for sale - NUMBER1EXPERT(tm)

Honey L.D. Borla: Broker-Manager
Honey LD Borla & Associates - ERA Town & Country
9691 Trailwood Drive Ste 106
Las Vegas, NV 89134
Office: 702-796-8696
Direct: 702-860-5574
Fax: 866-468-0335
Email: Honey.Borla@ERA.com
As the group leader, trainer, and driving force of the Honey Borla Group, Honey manages the group operations, as well as creates and designs innovative marketing and customer service strategies. With 19 years of experience, including 5 years as a lender, Honey is currently in her 4th year as a Director for the Greater Las Vegas Association of Realtors and as State Director for the Nevada State Association of Realtors. Honey is a former By-laws Chair and, for the past 8 years, has provided her experience by being a member of the Professional Standards committee of the Greater Las Vegas Association. In 2004, Honey served as the state president for CRS, (Certified Residential Specialist). This national organization has a membership of approximately 140,000. This designation is comparable to holding a Masters degree in Real Estate. Honey is serving currently as the local chapter president of this organization.

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