What is your Home Worth?
When you know the facts, you make better decisions. Plain & simple. Here are 3 steps that will help you understand your home’s market value:
☝🏼Step 1: Know What “Home Market Value” Really Means.
Believe it or not, your home’s market value is NOT based on the following:
1. Your monthly mortgage payment.
2. Your opinion of how great your home is.
3. Your memories of your home.
Market value is what BUYERS are willing to pay for your home.
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☝🏼Step 2: Use Free Online Tools to Estimate the Value of Your Home. If you search for your address on an online real estate marketplace, you’ll likely find all kinds of facts about your home that are public record.
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☝🏼Step 3: Work With an Expert and List Your Home at the Perfect Price. If you’re interested in selling your home, contact an agent no matter what you find online. Your pro will have even more detailed information to help you make better decisions about selling your home.
That’s because a real estate agent doesn’t pull stale info from the shelf. Unlike online tools, we have access to a multiple listing service (MLS) database of homes for sale in the area that will allow us to run an accurate comparative market analysis (CMA). A good agent will take the time to come and look at your home. They’ll consider the landscaping, the condition of the home, any upgrades you’ve added and all those things that aren’t listed in public records but make a real difference to potential home buyers. We use the power of real world experience to compare your home’s details to recent sales & current listings. Remember, the market value is not based on formulas. It’s based on how much someone is actually willing to pay for your home. Price your home too high and buyers will pass you up without ever stepping through the door. Price it too low and you could lose thousands of dollars. The right price gets you the most money in the least amount of time.