What’s My Home Worth?

Are you looking to discover your home value? Or have you decided you might want to sell your home? Selling your home can be an exciting time. Often, a house in the right area is a great investment. When it comes to to sell your home, you may be surprised at what it’s worth.

The first step to selling your home is understanding the current market value of your home. The market value is what buyers are willing to pay for your home. However, as you begin to research the market value for your home, you may find that all the different home valuation websites provide different estimates. And many of these don’t take into consideration the unique features that may make your home more valuable. Here are several steps to take in determining the right value for your home.

Determine Home Value Trends for Your Home

What these tools are good for, especially tools like Zillow’s Zestimate Tool, is the ability to track the movement of your home’s worth over the course of the past several years. If your home has been increasing consistently in value, then there is a good chance that your house is primed to sell as the market is in a great place for home sellers.

Research the Real Estate Market Around You

Once you know the estimated market value of your home and see where the market is headed, you can begin looking at the real estate market close by. What’s going on with homes near you? Are there many foreclosures? If so, it could negatively affect your home’s value. What are the current listings of homes in your neighborhood? Remember, these prices reflect what the seller hopes to get for the home, not necessarily the actual market value of the home. Also, check homes that have recently sold around you. If they are getting great prices, then it may be a good time to sell.

Use an Experienced Realtor^® to Get the Most for Your Home

If everything you’ve found tells you it’s a good time to sell your home, then it’s time to find the perfect price for your home. Yes, you can find many different estimates for your home out there on the internet, but the only way to get a clear picture of what it’s worth is by using a professional. An experienced Realtor^® can look at all of the factors that a computer program may miss. For instance, if you’ve done a remodel on your home recently, the estimated values you find may not reflect it. Your agent can also highlight certain features that are more desirable and use them to your advantage to persuade buyers. Plus, a good Realtor^® can help you make the necessary changes, like repairs and upgrades, to get the maximum value for your home. He can work with an appraiser and get a value you can comfortably work with.

If you are ready to sell your home, or just want to know what you may be able to get if you did, then call us. We’ve worked with many homeowners to sell their home and get the most value from it. We know what to look for and how to present your home in the best possible way to attract the right buyers. Let’s get started cashing in on the investment that is your home.