The Price Is Right

One of the most important steps in the house-selling game is pricing your house right. Here's how to pick a number that works.
By: Tammy Stoner

One of the most important steps in the house-selling game is trickier than it appears: Pricing your house to sell. Not pricing it at what you think it's worth, but pricing it according to the current housing market. For this, you will need to think not with your heart but with your acronyms --- your CMA (comparable market analysis) and FMV (fair market value).

A CMA is a compilation of statistics on recent, nearby sales of comparable houses or “comps” (houses with a similar number of bedrooms and baths, similar square footage, etc). Your real estate agent provides the CMA to determine your FMV. In a busy market, this can be unnecessary since the agent (or you) will be able to determine the value based on knowledge of neighboring properties.

On TV

Fixer Upper

7am | 6c

Fixer Upper

8am | 7c

Fixer Upper

9am | 8c

Fixer Upper

10am | 9c

Fixer Upper

11am | 10c
On Tonight
On Tonight

Hawaii Life

8pm | 7c

Hawaii Life

8:30pm | 7:30c

Island Life

9pm | 8c

Island Life

9:30pm | 8:30c

Island Hunters

10:30pm | 9:30c

House Hunters

11pm | 10c

Island Life

12am | 11c

Island Life

12:30am | 11:30c

Island Hunters

1:30am | 12:30c

Hawaii Life

3am | 2c

Hawaii Life

3:30am | 2:30c

Shop This Look

Found a living space you love in HGTV's Photo Library? Get the look in your own home with products from Wayfair.

Follow Us Everywhere

Join the party! Don't miss HGTV in your favorite social media feeds.