Maximize Your Property's Value #homesforsale #home #santacruzhomes
How Much Is Your Property Worth?
If you’re planning to Sell, Purchase, Upgrade, Renovate, Refinance, or Invest, this information has been designed to help you with every stage of property ownership. We believe a strategic plan is the most important step in the process and can help you receive more money for your property.
Unlock professional-grade real estate data We have included a variety of methods that can prove fruitful for a seller. By going through our information, not only will you understand what it means to market your home, but you will also be able to understand the importance of working with a professional real estate agent. With that said, let’s dive in to show you how you can get top dollar for your home through effective strategies.
I typically get started with a Comparative Market Analysis to determine the market value of your property compared to similar properties that have recently sold. Let me know your location, total square footage, the number of bedrooms and bathrooms, size of yard, year built, renovations or any major changes since the last time the home was sold, and any features on your property. I will determine the overall market movement, what has sold nearby in the past 12 months and closed within a reasonable timeframe, and look at the active listings currently for sale. When a property is priced right, buyers are much less likely to make a low offer for fear of losing out on a great deal. At this point, together, we can determine strategies based on your situation.
Manual Comparative Analysis
I will do a manual comparative analysis, as home value estimation algorithms often miss unique details that make your home special. You can provide key insights to improve accuracy. By answering a few questions and incorporating market data from trusted sources, we can predict your home's current value more precisely. Typically completed within 48 hours.
A home's worth depends on what a buyer will pay, given market conditions. Value assessments vary between lenders, agents, and county assessors based on their methodology.
To find relevant comparable properties, I look for similar nearby properties in terms of size, condition, upgrades, and location. Adjust the sales prices up or down to account for differences versus your property. Estimate value between the highest and lowest adjusted comparable property.
In shifting markets, older sales data becomes less relevant. Estimating a potential purchase helps inform offer prices. Knowing your home's current value aids listing pricing and projected equity. Key factors influencing value include location, neighborhood safety, curb appeal, square footage, room count, updated features, and school quality. Download the Seller's Guide to Real Estate! If you're looking to purchase real estate, check out our search for homes features. You can set your search criteria and automatically receive updates on your schedule.
More Information and Form: https://www.burrowes.com/selling/
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