If you have ever considered selling your home, you’ve probably asked yourself, “what is my home worth?” There is no easy way to answer that question, but there is a process Realtors use called the comparative market analysis (CMA) which shows, in simple terms, what your house might sell for. It is based on facts such as your home’s square footage, number of bedrooms and baths, amenities, property taxes, the home’s age and more. It is also based on factors like what similar homes in your area have sold for recently.
The CMA isn’t the only indicator of a home’s value, however. There are many intangible factors that count too, including curb appeal, views, room flow, ambiance and more. These factors often have an emotional impact on potential buyers so they can affect a home’s selling price as well.
So how do you determine what your home is worth? Instead of paying for a full appraisal, Realtors are trained in doing CMAs and are experienced in identifying the value of those intangibles. Whether you are ready to sell your home today or next winter, I can help you plan ahead. Call me to discuss your real estate needs, and I can give you a better idea of what your home’s value is on today’s market. I look forward to hearing from you!
Working for you,