(For Maryland Homeowners)
Are you wondering "What a house sold for in your neighborhood?"
As a broker for a real estate company, I hear this question most often. .
People want to knowwhat are the values up to in their respective neighborhoods.
Understanding that market value is the only relevant value once you are ready to sell. What other houses sold for inside your neighborhood may not truly indicate the real value for your own home
To estimate the market value of your home, outside of using a full appraisal that may cost you around the $500 range is to use "comparables."
This is how appraisers do it anyway. You must find someone that is willing to find at least three similar homes nearby that have sold within the last six months and obtain a value opinion from them
The experience of a real estate agent with access to the multiple listing service is paramount here. ..
"critical mistakes because of inexperience - being unfamiliar with the neighborhood could lead you to make the wrong decisions if you want to sell or refinance your house"
Appraisals in our circles are known to be an inexact science. You may have two similar homes with different values just because of their location, their condition and the market condition at the time when the value is generated.
My advice is to better find a real estate agent on your own, and ask "How much is my house worth?"
Find one that has experience and simply ask: if they can do a "market analysis" of your house value.
Normally this is free, with the agent taking this opportunity and hoping to impress you and get your business in case you decide to sell your house soon after
But often-times we know that most people are just curious and just want to know. . .
What a House Sold In Their Neighborhood?
Do what I do. .as a broker
- I want to keep the value of my own home in check. .
- I want to know what houses are selling and what houses are not selling. ..
- I want to know who is moving out and who is moving in
- I want to know if any of my neighbors are selling their homes incognito as a short sale
- I want to know if any of my neighbors have tried to sell and couldn't
- I want to have an idea of the value of my home to see if I should consider refinancing. .
For that, I do a simple thing.
I subscribe t an email alert that sends me an automatic message the minute someone has listed their home, has SOLD their home, has changed the price of their home or has put it under contract.
This system will generate a daily email only if there is something new to report for your neighborhood
I will be glad to do this for you. .
Even if you do not want to sell your house. .
This is a free service we provide to Maryland Homeowners so we provide a glimpse in the quality of our services. .
With no obligation. .and no hassle. .of course!
I just ask you for one thing. .just be fair to us. .
Give us a chance to COMPETE for your listing if you ever want to sell your home.
Sign up in the form by clicking the picture below and we'll do the rest for you