We all hear about inflation and real estate prices going through the roof. Some of us are aware that we’re in a “seller’s market,” meaning sellers have the advantage because there are so few homes for sale and plentiful buyers. We also hear about bidding wars, buyers lining up to compete with each other for homes based on price, paying more than sellers’ are asking price. It makes even the most determined homeowners who never want to sell and move curious and ask, “What could I get for my home if I sold?”
Our agents at Signature Realty NJ can help you determine just that, the value of your home in today’s market? Home valuation is the process where the value or price your home would sell for is determined based on the current market. It takes into account all the characteristics and qualities of your property and compares them to similar homes that have sold in your area recently. If you plan on selling your home anytime soon or are considering refinancing, a home valuation report or CMA (Comparable Market Analysis) is how to determine its worth. Not zillow or other websites that give you inaccurate estimates of the value of your home. Keep in mind zillow does not tour your home or take into account the renovations and upgrades you have done.
It is important to keep in mind that prices don’t stay constant and you can’t just trust Zillow. Details come into play when a property is evaluated and if you want a truly accurate valuation, it’s essential to seek out a professional. A Signature Realty NJ agent can quickly create a fresh CMA based on today’s market after they visit your home at no cost to you.
Signature Realty NJ agents will produce a CMA as well as provide an initial consultation so you can weigh the pros and cons of selling. You can benefit from their expert advice and have an accurate report pricing your home as well as discuss future market trends. You won’t have any obligation and so there really is no reason not to get in touch with us and meet with one of our agents. We can also discuss what minor repairs to do, decluttering, depersonalizing, and staging so you can get top dollar for your home.