Several factors go into determining your home’s market value. These include the condition of the property, square footage, location, amenities, as well as recent comparable property sales. For a snapshot of your home’s current value, you can enter your address into my free online value estimator tool. This tool allows you to track your home value too!
Alternatively, you can look at a recent property tax bill to get your home’s tax assessed value, which is a percentage of your home’s fair market value.
If you know your state’s assessment rate (which is usually between 80 and 90 percent), you can estimate fair market value by dividing your tax assessed value by that assessment rate.
There are several simple, low-cost things you can do to boost the value of your home. These include eliminating clutter, washing windows and walls, and installing higher wattage bulbs to create a brighter environment. Larger projects, like adding bedrooms and renovating kitchens and bathrooms, typically yield more substantial increases in sales price.
Staging your home, which helps paint a picture for how buyers will use their new space, can also add value.
The time your home spends on the market depends on several factors, including location, how competitively your home is priced, and how aggressively your home is marketed.
Statistics show that if a home is properly priced, an offer should come in within the first 12 showings.
If you want to speed up the sales process, don’t underestimate the value of staging. Research shows that well-staged homes can sell up to 32 percent faster and for up to 25% more than homes that aren’t staged.
HOW I CAN HELP
As your real estate agent, I can help with every step of the selling process, from pricing, photos, floor plans, virtual tours, staging, and marketing to managing all the details of closing. I’ll negotiate on your behalf to secure the best price and the quickest sale possible. If you’re looking for someone to guide you through the selling process, look no further!
Sign in with your email address
