Packanack Lake Homes for sale in NJ | How To List Your Home for the Best Price


Packanack Lake name implies about  the “Land Made Clear For Cultivation” This beautiful area located in Wayne NJ in Passaic County is one the best features within the county that boasts lots of natural beauty.

Packanack  Lake is not just a great place to visit. Many people are finding that living around such a beautiful body of water offers a unique opportunity to be surrounded by nature, nestled in a peaceful setting only 25 miles from Manhattan 

If you check out Packanack Lake(NJ) real estate and home prices, you’ll find that prices are still more down to earth than most of the other surrounding areas. 

Today, I would like to talk to you about How To List Your Home for the Best Price


If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018.

The map below shows the results of the latest index by state.

Real estate is local. Each state appreciates at different levels. The majority of the country saw at least a 2.0% gain in home values, while some residents in North Dakota and Louisiana may have felt prices slow slightly.

This effect will be short lived. In the same report, CoreLogic forecasts that every state in the Union will experience at least 2.0% appreciation, with the majority of the country gaining at least 4.0%! The prediction for the country comes in at 4.6%. For a median-priced home, that translates to over $14,000 in additional equity next year! (The map below shows the forecast by state.)

So, how does this help you list your home for the best price?

Armed with the knowledge of how much experts believe your house will appreciate this year, you will be able to set an appropriate price for your listing from the start. If homes like yours are appreciating at 4.0%, you won’t want to list your home for more than that amount!

One of the biggest mistakes homeowners make is pricing their homes too high and reducing the price later when they do not get any offers. This can lead buyers to believe that there may be something wrong with the home, when in fact the price was just too high for the market.


Bottom Line

Pricing your home right from the start is one of the most challenging parts of selling your home. Once you decide to list your house, let’s get together to discuss where home values are headed in your area!


Source.. KCM Shawn Anen Blog


Please feel free to browse our website to find new listings in Packanack Lake and its surrounding areas. 

You can use our site to create direct custom searches, obtain property evaluations and sign up for email updates. 

We have years of experience and would love to help you find your dream home in Wayne, Passaic County NJ or the surrounding areas.

If you have any questions or would like to speak with me directly, please feel free to contact me by phone:

My direct number is 973-417-9806

Thank you, 

Shawn Anen 

Keller Williams  | KW Metropolitan 

55 Madison Avenue Morristown, NJ 07960