What Is the Value of My Home?
One of the most important facts to know when placing your home on the market is your home's value. The value, the projected time it would take to sell your home along with suggestions as to what actions can cause your home to sell quicker and for an increased value…are usually on the top of the list for most homeowners looking to sell.
How do you get a really good idea as to the value of your home?
The most successful action to take in order to determine true market value is to discuss your home's value with a professional Realtor, one who is experienced, trustworthy, knowledgeable and active within the industry. An experienced and active agent can determine market value by reviewing all of the features and benefits of your home (the subject property) and comparing it to other properties which have recently sold in and around your community. Simply looking at a price per square foot (in the area) is not the answer. It is vital that the correct adjustments are made for the features and benefits which your home features along with adjustments for construction types as well as location differences (golf, lake, preserve, acreage, etc).
Some individuals suggest using website services such as Zillow or Freddie Mac’s home pricing index to determine current market value. These resources will give you a general idea of what your home is worth based on what has recently sold in your neighborhood however there are many instances where Zillow Zestimates has over estimated the value of a property or conversely, has under estimated the value of a home. These resources can give you a general idea of value, however, it is not something to utilize to solely determine the current market value for your home.
We have the area’s most effective marketing program and systems. We consistently achieve the highest price in the least amount of time due in part to our 89-point marketing program, strong appraisal background, and the ability to justify pricing by squeezing out the most money for your properties positive features, updates and upgrades through sound appraisal principles that result in justifiable feature adjustments to buyers, lenders and their appraisers, I speak their language. As you may realize, a home in many cases must be sold twice, once to the buyer and more importantly to their lender. Should the appraisal not meet or exceed contract value, the deal is in jeopardy of failing.
We encourage sellers to price the property effectively right from the beginning; this practice opens up the market to sellers rather than narrowing the market, which typically achieves an overall greater sales price, sometimes up to 4% more than similar homes that linger on the market due to overpricing.
There are many factors that affect your homes market value. However, if you want a general overview of your homes current market value, please submit the form below. Once received, we will send you a comparable market analysis based on properties that are currently on the market and properties that have recently sold.
Should you require a more detailed price analysis. Please give us a call or send us an email and we can set up a time to preview your home and truly understand its best-selling features to determine your unique homes specific value. It would be my pleasure to assist you and there is never any cost or obligation.
With much gratitude,
Jack Rockwell, P.A.
The Rockwell Group
(772) 678.8071 cell