This is a question that is important to all of us for many different reasons and it is one that we get asked all the time.
So…let’s review it.
(watch the video)
What is Value?
In a perfect world, your home’s value would be everything you think and need it to be. However, simply put, your home’s value is not determined by you, but by what the market is willing to pay for it at a given time. These days, the “market” increasingly refers to home buyers who have researched property values over the Internet for months, have already viewed a number of homes, and are not under any undue pressure to buy.
How Do You Determine Value?
Estimating market value is accomplished by considering a number of factors:
Comparing your home to others
Estimating Market Value is accomplished by comparing your home to other homes that are currently for sale, have recently sold or have failed to sell.
Reviewing Location & Features
Estimating Market Value is accomplished by comparing your home to other homes that are currently for sale, have recently sold or have failed to sell.
Buyers Choices
Estimating Market Value is accomplished by comparing your home to other homes that are currently for sale, have recently sold or have failed to sell.
Properties Currently For Sale
Estimating Market Value is accomplished by comparing your home to other homes that are currently for sale, have recently sold or have failed to sell.
Properties Recently Sold
Estimating Market Value is accomplished by comparing your home to other homes that are currently for sale, have recently sold or have failed to sell.
Properties that failed to sell
Estimating Market Value is accomplished by comparing your home to other homes that are currently for sale, have recently sold or have failed to sell.
Realistic is Strategic
Reviewing locations & features
By carefully reviewing the locations and features of these “comparables” we’ll be better able to approximate your property’s ultimate selling price, which can be defined as the highest price that the market will recognize and pay.
Comparing your home to others
Estimating Market Value is accomplished by comparing your home to other homes that are currently for sale, have recently sold or have failed to sell.
What's the bottom line?
When you’re ready to find out what your home is really worth, fill out the contact form below.
Hard working, passionate about his clients and his work, ethical and a great person, make Brandon our choice for Real Estate Services. Very detail driven, thinks outside the box from others, and provides services with a modern twist. Thanks Brandon for helping us with buying and selling our home!