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List Price  |  Sales Price  |  Appraised Value

What are the differences between them?

 

  • List Price:

The list price is a seller's advertised price, a figure that usually is only a rough estimate of what the seller wants to get. Sellers can price high, low or close to what they hope to get. To judge whether the list price is a fair one, be sure to consult comparable sales prices in the area.

 

  • Sales Price

The sales price is the amount of money you as a buyer would pay for a property.

 

  • Appraisal Value

The appraised value is a certified appraiser's estimate of the worth of a property, and is based on comparable sales, the condition of the property and numerous other factors.