Many ask the question how much is my home worth? To determining the value of your home there are many factors such as location, materials, lot size, condition, market conditions, amenities and recent sales of similar or alike properties. These are also the factors that can be considered as well. Location plays a significant role on determining the home value, proximity to amenities, schools, transportation and desirable neighborhoods can influence the value of a home.
Size and layout to include number of bedrooms, baths and overall size square footage plays a vital part as well. Open floor plans and kitchen design captures families to spend memorable moments. The condition of home to include age, renovations or upgrades and overall maintenance can well influence your home value along with modern amenities to include a smart home holds a higher value. The comparable sales provides valuable insight on the local market value of a home. This determines a fair market value based on recent sales.
Amenities and features such as a up to date appliances, fireplace, newer windows, back yard, fence, built in pool and outdoor kitchen can definitely show a positive impact the value of your home. Market conditions rarely stays the same, this is due to supply and demand, interest rates and economic factors can affect the value of a home. Whereas in a seller market, where demand exceeds the supply home values can tend to increase. Historical sales, sales data including price trends and appreciation rates can also provide great insights to your home potential value.
Remember it is very important that you price your home right the very first time. Click link to learn more about right house right price /RIGHT-HOUSE-RIGHT-PRICE---32819---32836---Dr--Phillips-6-22616.html
There are many resources out there, however you need to use trusted resources such as professional real estate agents, trusted online valuation tools such as www.realtor.com www.redfin.com
these tools offer genuine estimates of your home that use algorithms and data analysis to calculate estimates based on various factors such as location, size and recent sales data in the area. Please remember these are not exact and can be used as a general reference. Appraisals and recent homes sold are also important and this is what appraisers use to help determine the value of your home. Click link to learn more about home appraisers /HOME-APPRAISERS---32819---32836---Dr--Phillips-6-26326.html
Trends and local market reports in local area to include location to malls and local shopping, schools and hospitals helps a bit as well. Lastly your local county tax assessor office can provide information on the assessed value of your home. While the assessed value may not directly reflect market value, it can offer a starting point for understanding the value of your property. See a trusted advisor for more information.
As a trusted advisor, professional realtor and retired military veteran I am here to serve you in the Dr. Phillips and Central Florida area whether its purchasing or for the sale of your home. In the absence of trustworthy up to date information real estate decisions are being driven by fear, uncertainty and doubt. We as trusted advisors drive the real estate community to ensure you are making the right decision.
Part of my job is to keep you informed and educated of the local housing market trends, pricing and inventory level. Buying and selling process to include common real estate terms and videos. It is important to keep updated on market trends and don't get confused with the media, they talk national data, I can provide the most up to date local area data.
So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are looking for a home, look for your realtor with the heart of a teacher. If you are ready to start your journey contact Kevin Strawter today at 850 496-6412 to begin a new walk to homeownership and all your real estate needs. Always taking referrals!