When you are buying a home on the Western Slope, you want to make sure you are getting the best deal possible. No one likes the idea of overspending on anything, especially something as large and costly as a new home. How do you know you are getting a good deal though? Are you really paying for what the property is worth, or are the seller and agent relying on your love of the home to pull the wool over your eyes and overcharge? When you want to know if you are getting a good deal, consider using the following tips.

First, look at the comparable homes in the area. Look at homes similar in size, condition, and location to the one you are considering. What is the asking price for those homes? If they are the same as or very similar to the home you are considering, then you are getting a fair deal. If they are a bit higher, then you are getting a good deal. You can use real estate websites to get a good idea of the comps in the area.

Also, look for the price at which homes are actually selling, not just the asking prices. The asking price is generally higher, so you want to get the price someone actually paid for the home. This can figure into your own negotiations when you are trying to get a better deal.

Another way to make sure you are getting a great deal on your Western Slope home is by working with a real estate agent who has knowledge of the area. They can help you find a property that’s right for you and negotiate on your behalf to help you get a great price for the home. You could do it on your own, but it’s much easier with a little help.

Resource: http://business.time.com/2011/10/25/3-ways-to-know-youre-getting-a-great-deal-on-a-home/