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"But Zillow Says my house is worth $______.__"
Here's a shocker... Zillow isn't always accurate, close or even in the same ballpark as the actual property value. Don't get me wrong, Zillow is a tool that is helpful for homeowners and homebuyers, but if you really want to know the value of your home you should talk to a trusted REALTOR® and ask them to prepare a FREE Comparative Market Analysis or you can employ an appraiser (at an average cost of $400 - $500) to prepare an appraisal for you.
What factors influence the value of your Lake Mary home?
- comparable sales
- factoring in the date of the comparables sale
- factoring in bank owned foreclosures & short sales
- factoring in the location - waterfront, golf front, etc.
- factoring in age of comparables
- factoring in the size of the comparable - lot and home
- factoring in condition of comparables
- factoring in pool vs. no pool
- improvements you've made to your property - additions or renovations
Analyzing the data on a local level is something a computer program will never be able to do... Sometimes you just need the human touch.
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