Step 3: Creating a Property Profile

Creating a Property Profile

The following features will help in identifying properties that are comparable to yours for proper price determination. As you read through the list, write down the specifics about  your home. Many of the features listed below are the subject of commonly asked questions by prospective buyers, so try to be as thorough and accurate as possible.
  • Assessed Value (check your tax records)
  • Year Built
  • Design Style (Ranch, 2-Story, etc.)
  • Number of Bedrooms
  • Heating Source (Gas Forced Air, Radiant, etc.)
  • School District
  • Total Square Footage (Above Grade + Finished Below Grade)
  • Number of Bathrooms (Full + Half)
  • Air Conditioning (Yes or No?)
  • Fireplace (Yes or No?)
  • Garage (Number of stalls, attached or not)
  • Basement (Full? Finished?)
  • Other Rooms (Rec. Room/Dining Room, etc.)
  • Pool (Yes or No?)
  • Acreage/Lot Size
  • Water (City or Well?)
  • Sewer/Septic
  • Out Buildings
After you've created your property profile, try to incorporate most of the data into a brochure, flyer or website about your property. The flyer can be posted in online listings, placed in a handout box in your front yard, and also given to interested prospects.

Many states require a Seller's Property Disclosure Statement which tells the condition of the home and associated property (appliances, etc.) and other factual details. Check with your state and local real estate board to obtain a disclosure and the requirements.