Monday, May 2, 2016

What's it Worth?

Maybe you're thinking of selling, maybe you're thinking of refinancing, or maybe you're just curious about the market. But the question is, "What is that domicile of your's worth?"

Such a simple questions should be returned with a simple answer, right? Well unfortunately, determining the value of your home - or any home for that matter - can be a tricky process. Online websites will give you a general feel for what is happening in your neighborhood or community, but they generally don't know the dynamics of the local real estate market, that a new high school is being built, or that the road is being widened to a 4-lane road.  They also don't know of the condition of your home - if it is well maintained or if you have remodeled since you purchased the home.

If you're just curious about the relative value of your home in the current real estate market, these websites can give you a general feel for price range.  If you're serious about getting an informative valuation for your home, you should contact a local real estate professional.  Realtors work with the actual people who will ultimately determine the value of your home - the home buyer themselves. This is their profession and they will be happy to sit with you and explain the current market conditions that affect your home value.

For those of you curious about your current home value, go to What's My Home Worth?
and input your address for a quick look at potential home value.

If you are serious about selling your home, give me a call for a more thorough evaluation.

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