Tag Archives: whats my home worth

Understanding Real Estate Value

The term “value” can take many forms, and when buying and/or selling a home it’s important to understand all of them. There are five distinct ways to classify value. Although there are dictionary definitions for each, they are best understood through real-world examples. 1. Market value is the amount that a particular home is worth to a particular buyer. The Uniform […]

How Much Is My Home Worth?

Quickly Find Out What It’s Really Worth, by Email, for Free It is important to regularly determine your home’s value. Even if you’re not interested in selling your home, having a Comparative Market Analysis, or CMA performed on your property can help guide you in determining if the county assessment, the basis for your property […]

Understanding Real Estate Appraisals

Understanding how appraisals work will help you achieve a quick and profitable refinance or sale. When you refinance or sell your home, the lender involved will insist that an appraisal be performed. An appraisal is the process of valuing real property and is simply an opinion of the market value of your home based on […]

Common Real Estate Valuation Mistakes

Most consumers, and for that matter many Realtors simply do not understand how to properly value real estate and how to effectively determine the market value of a home. Here we discuss three common valuation mistakes: Add value to a property for a bedroom Incorrectly adjusting for square footage Compare non similar style homes with no adjustment Add value to a property for a […]

5 Common Home Seller Mistakes

Whenever you’re new to anything—a new job, a new sport, a new town—you’re bound to experience a bit of a learning curve. For real estate professionals, the art of buying and selling homes is second nature. But for first-time (even, sometimes second and third-time) sellers, the process of getting their home sold can be a bit […]

How Accurate are Zillow Zestimates?

Click here or image above to play video https://youtu.be/siTPLLX9wPc Since its launch in 2006, Zillow has taken heat over its Zestimates. Many homeowners have complained that the company’s automated home valuations don’t accurately reflect the true value of their homes. A formal complaint was also filed with the Federal Trade Commission alleging Zillow is misleading […]