“Hi Gary. I want to figure out how much my home will sell for. Can you email me some comps?
***ANSWER:
Id be happy to, but
By themselves, comps (sold homes comparable to yours) arent enough to correctly determine your home value. They need objective interpretation and adjustments.
I cant tell you how many of my clients only used neighborhood sales prices to get an idea of their homes value.
When I say prices ONLY, I mean they didnt know, didnt adjust correctly for, or flat-out ignored:
– location
– home size
– usable lot size
– # of bedrooms
– # of baths
– floorplan
– view
– garage
– condition, curb appeal, design, interior appeal
– changes in the market over time
– etc.
If youre selling your home, knowing the correct value and optimum list price is critical. Dont do it on your own unless youre merely curious.
(Of course, if youd like to know your home value, give me a call at 858-457-KENT. I may even be able to give you a rough idea over the phone.)
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