How Much Is My Home Worth?
Did you know that since January of 2012 when home prices started to rebound significantly, home values are up by double-digits? Many homeowners who were under water during or after the housing market crashed now have equity! The most important step to selling your home, besides making sure you have the best representation, is knowing what your home is worth. Knowing what your home is worth is usually the best way to start so you know what your selling options are and how to devise a sale strategy. I can prepare a home value report for you to start this process.
The last bit of info I requested is key! Do you have beautiful views of Camelback Mountain? Are you within walking-distance to your favorite coffee shop or pub in Arcadia? These factors can make a difference in the value of your home.
What will I get?
With this info, I can give you a pretty good range of the value of your home. I like to compare homes in your neighborhood/subdivision with a subset of homes within roughly a mile radius of your home. I know many intricate details about various areas of our market including the fact that homes west of Hayden Rd. in McCormick Ranch tend to sell for a premium over those east of Hayden Rd.
I know about many other areas including, but not limited to, Paradise Valley, McDowell Mountain Ranch, Desert Ridge, and the very popular 85254 zip code. I put a lot of emphasis on the homes that have sold, or are under contract- not just their list price, because this is what buyers agents and appraisers are likely to use when they research the value of your home. Depending on the strength of the market, pending and active homes also play a role in this process and I know how to include them accordingly.
It’s difficult to give you a more accurate value until I walk through your home and see all of the wonderful things you love about it or the little things you don’t know about that could work against you. I want to make sure you’re armed with what you need to make an informed decision about what is the right next step for you. Knowledge is power!
Why is your report better than getting this info online (i.e. from Zillow)?
Automated models (i.e. Zillow) don’t take into account all the unique things about your home, like your gourmet kitchen, custom pool deck or your extremely private backyard in the “right” neighborhood on the “right” side of the street or its desirable views. These automated online valuation tools also are usually as accurate as the most recent public records about your home. If you, or your neighbors haven’t sold in a while, the data will be stale and less likely accurate. Same goes for older homes- 20 years or older, when the likelihood that many of the homes around you have or have not been updated is not reflected in the public data sources used.
However, I have the market knowledge to select truly comparable homes to give you the specific information you need, from what a reasonable value range might be if you sold, what objections potential buyers may have, how to overcome those objection and most importantly, how to capitalize on your home’s best assets to get the highest proceeds from your sale.
You have nothing to lose- except time. The longer you wait to know about your position today, the less able you are to take action on your home in today’s market. Whether you want to refinance, sell your home, or even buy a new home with today’s historically low interest rates, until you know what your existing home is worth, you may not know about the options that exist to you today. I’m here to help. Request your home valuation report today!
I will research and prepare your free, no-obligation home value report (also known as a CMA or “comps”). I like phone calls or texts too and it’s easy to reach me at 602-810-1750. This is usually the fastest way to get a response from me. However, I understand that sometimes it’s not easy to pick up the phone during the course of a busy day… many folks, me included, do their research at odd hours when its’ convenient for YOU. If that’s the case, you can still reach me by sending this info to to email@example.com or by using the form above.
I look forward to telling you what your home is worth!