There are many factors to consider when thinking about selling your home in Santa Teresa neighborhoods and knowing the current home value of your Santa Teresa Home. Wether you're in the Martinvale Community, Rancho Santa Teresa, or Burning Tree Community chances are you know which homes recently sold. What a home sold for is usually based on what the buyers are willing to pay in the current market. In a hot market the buyers are willing to pay more than the appraised value or fair market value. In a buyers market the buyers are willing to pay for what it actually appraises for and while at the same time requesting concessions from the seller such as credit back for closing costs, home warranties or repairs. Currently most homes in the Santa Teresa Community when put on the market for sale the average days it stays on the market is approximately 16 days. Records show that if the home is priced within fair market value it ends up selling for approximately 7% above list price. This percentage number changes daily. This is tricky because you have to know which way the market is heading up/down or how fast or slow the market current is flowing in either direction. Records show that the average home sale in Santa Teresa Community is approximately $656,000. From my point of view it is always important to get up to the minute information to make the best educated decision as to what the current home value of the home might be. Also the following are factors that affect your home value when it's being appraised to find fair market value.
- Location
- Condition of the property
- Is the property current with today's way of living or lifestyle
- Recent upgrades (includes appiances)
- No recent upgrades
- Functionality
- Will the home appeal to all buyers or a specific buyer
Here are the numbers for June-July 2013
CLICK HERE TO KNOW THE VALUE OF YOUR HOME TODAY
TIPS TO GET THE MOST Out of your home appraisal?
There are a few things you can do, one is to make your home functional i.e. let the car garage be a car garage not a storage space packed to the ceiling, if you made additions to the property make sure to have permits on hand or readily available, update your home to be current with the times.
If you would like to receive a detailed report regarding the current value of your home and comparable in your Santa Teresa neighborhood simply go to http://alextafoyahomes.kwrealty.com/sell/
If you want to get more information and see how many homes are for sale in your neighborhood then simply go to mysantateresahome.com
I am also to available to answer any questions you might have regarding any real estate concerns or if you have questions regarding the Santa Teresa Community you can call me anytime.
Alex Tafoya
"Your local home expert"
408-813-8232 office
510-999-8149 cell
alextafoya@kw.com
www.AlexTafoyaHomes.com
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