Capitol Buys Houses determines the price to offer on your home by evaluating several key factors, including the property’s location, condition, and the repairs or renovations needed. Additionally, we analyze recent sales of similar properties, or “comps,” in the area to understand current market trends and buyer expectations.
Market conditions and economic factors also influence our offer. We consider costs related to holding the property until resale, such as taxes, insurance, and maintenance, along with transaction fees.
Finally, we factor in a reasonable profit margin to ensure the investment is prudent. Capitol Buys Houses aims to arrive at a fair, competitive price that meets both your needs and our investment goals.
