How Much is Your Home Worth?
There are a lot of opinions out there on what your home may be worth. With the strong sellers market we are currently seeing, everyone wants to tell you about what your home is worth and what to do with it. How do you know who to believe?
We’re here to help you cut through all the noise. When determining the value of a home, key things we look at are size, condition, location, and marketing. We can’t compare a 2,000 square foot home with a 4,000 square foot home. We can’t just compare your home to others in your area, we have to look at homes that are similar in size. And, since there’s not a lot of inventory on the market, we will look at homes 200-400 square feet smaller and larger than your home, just like an appraiser would.
Also, the condition of your home has less to do with age and more to do with the upkeep and upgrades. We look at things like landscaping, renovations, and modern updates. What about location? Well, when assessing your location we listen for traffic, look for telephone poles, proximity to freeways, schools and malls, and anything else that may influence the value of your home. Oh and my favorite, and where we see agents having the hardest time with and that’s the marketing that is done on your home. Proper marketing or lack thereof can drastically change what you will get for your home, even in this sellers market. Don’t listen to someone who says that marketing isn’t important, it makes a drastic difference and we have the stats to prove it. The value you can get for your home your home can influence the decisions you make about your home. Make sure that you are going to the experts who have the experience and proven track record when finding out what your home is worth.
We’re always here to help. Reach out anytime even if you’ve just got questions. We’d be more than happy to help. And remember “When you do what you love, people love what you do.”