What is the Value of Your Home?

What is the estimated current market value of your home?

Actual current market value and assessed tax value are usually two vastly different numbers.  We can provide you with a free, no-obligation, current Comparative Market Analysis (CMA) of your home.  The CMA displays a summary of comparable active, cancelled and sold listings of similar homes in your area with initial listing and sold prices.  The report then concludes with a median and average of all sales prices, days on the market, price variations from the original list prices versus actual sold prices and a recommended listing price for your home.  This report will give you an estimated market value and a realistic understanding of what to expect when you place your home on the market at varying listing prices.

Our agent will take into consideration specific factors and unique attributes of your home to fine tune the CMA.  A home ultimately is worth what someone is willing pay for it, but this is the most accurate way of determining at what price and in what time frame you can likely expect to sell your home.  Everything is an estimate of value whether it is an appraisal or a comparative market analysis.

An appraisal is a certified licensed appraiser’s estimate of the value of a home at a given point in time.  Appraisers consider square footage, construction quality, design, floor plan, neighborhood and availability of transportation, shopping and schools.  Appraisers also take lot size, topography, view and landscaping into account.  Certified licensed appraiser’s usually charge anywhere from $400 – $700 for an appraisal.

You can also contact us here or call 612-692-2000.  We can also be reached at: admin@cityoflakesrealty.com.  We will gather your home information over the phone and provide you with a valuation report.  We look forward to assisting you.