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Understand Home Value

and how to tip the scales in your favor

FIND OUT EXACTLY WHAT YOUR HOME IS WORTH IN THIS MARKET - FREE NO OBLIGATION

I'll provide you with recent sales and a full report showing your home's current value. Then I'll give you ideas to increase the value so you'll be ready when it's time to move on.

Analyzing recent sales of comparable properties and making adjustments for differences is the best way to determine pricing. BUT there are other factors to consider like inventory, season and "lovability".

Read on to learn more about each of these factors:

Why do recent sales matter?

Realtors and Appraisers use recent sales of similar style homes to get the most accurate market data and a better understanding of buyer behavior.  

 

What is considered a comparable property

​Comparable properties (usually called "comps") are found by completing a search in the same market area for similar features. Sometimes it has to do with a standout feature (like waterfront) but usually it's based on proximity, square footage and lot size. There are a variety of ways to search for comps and depending on the availability of sales, expanding the search area might be necessary.

How do you determine how much to adjust?

In the industry, we often hear that pricing is an "art" not a science. This seems counterintuitive since it's basically math however the answer varies based on the opinion of the adjuster. 

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