Are you a home owner looking to sell now or in the near future? If so, then obviously the most important factor you are trying to determine is the current value of your property. Our free website service is intended to be an alternative to the home value websites such as Zillow that provide homeowners with home values based only on recent sales. As you may already be aware of, what your neighbors home sold for is not the only important factor in today’s market.
What Factors Need To Be Considered For Home Values Today?
Unlike the market of yesterday where all you had to do was look at the recent sales of a neighborhood to find out what your comparable property is worth, property valuations today are not as simple. Here is a quick list of some of the important items that need to be looked at when putting a value on your home:
- Recent Sales and Current Number Of Properties In Escrow
- Six Month Trend Comparisons Of The Active To Sold Listings In Your Area
- Foreclosure Activity Near Your Area
- Interest Rates
- Buyer Outlook And Motivation
- Specific Property Location In Your Neighborhood
- And more…
How Long Will It Take Your Home To Sell?
Especially when we are dealing with an economy and market that is adjusting fast, knowing the details on the factors above will determine if your home will be sold within 30, 60, 90, or 120+ days. Don’t gamble your financial security by only looking at recent sales, its the biggest mistake home owners make in today’s market.