How to Find Your Real Home Value

If you want to find your home’s true value, you should hire an expert.

Selling your Main Line home? Get a free home value report

Buying a Main Line home? Search all homes for sale

Whether you are looking to sell in the near future or are just curious, you want to figure out the value of your home. Should you use an online tool to find out the real value of your home?

When you use a website to find your home’s value, the website uses an algorithm that is based on homes that are both for sale and have sold in your area. It can also sometimes be loosely based on your tax assessment.

It’s very important when using these home valuation tools to keep an eye out for our expectations. The expectation is more of a guidepost, and sometimes it can be way off. For example, Zillow has admitted that their Zestimate tool can be up to 25% off in either direction.

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Zestimates can be up to 25% off in either direction.

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Many consumers are frustrated by this, which is understandable. That’s why we tell our clients to call us and give us their information. We will look at your home, homes that have actually sold in your neighborhood, homes for sale, how your home looks, and any improvement that you’ve made. From there we will be able to tell what is and isn’t real on the internet. 

So go ahead and use online valuations as a guide, but if you want to know the true value of your home, feel free to give us a call or send us an email. We would be happy to help you!

The Election’s Effect on the Real Estate Market

What does the outcome of the election have to do with real estate? Here are my tips for home buyers and sellers in the market now.

Selling your Main Line home? Get a free home value report

Buying a Main Line home? Search all homes for sale

Well, this chaotic election is finally over, and we know that Donald Trump will be our next president. How does this affect the world of real estate? Here is what I recommend buyers and sellers do moving forward.

For home buyers, I have to say that in the last three years, I have never seen a better time to buy a home than right now in our post-election fall real estate market. All of the uncertainty and angst has created some amazing opportunities for buyers. Though we have a balanced market with 5.2 months of inventory, buyers have lots of opportunities and very little competition. They can get a great home at a great price.

If you’re a seller in today’s market, you have to think ahead. How are you going to get ahead of the spring competition? Just as it’s advantageous for buyers to have somewhat limited inventory left over from spring and summer, sellers can benefit from the lack of competition as well. As a seller, you’re in a great position to sell your home because a home that is marketed and staged properly will be exposed only to serious buyers. Any buyers on the market right now are most likely in need.

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Home buyers can get into a great home at a great price.

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We project that in the spring market, we will start to see some tremendous activity and an influx of listings starting in February. If you’re thinking about selling your home, the best time to sell is when your neighbors aren’t. That time is now.

Whether you’re a buyer or a seller, our market right now gives you a lot of different options. If you have any questions about buying or selling a home in this post-election fall market or in 2017, don’t hesitate to give me a call or send me an email. I’d be happy to help you!