What will my house be worth in 2021?

By
Real Estate Broker/Owner with Godzyk Real Estate Services NH License 033394

Can you predict the future? I was called to meet with a seller who wanted to sell their home. I spent a great deal of time walking through the home and asking questions. Then it was their turn to ask questions. The wife is ready to sell now. What is the home worth today? That was an easy question. I let them know what the home was worth, what they should ask and what it may sell for. 

 

Then came the husband, he asked what the home would be worth in 2021 if they wait? He did want to hear anything else but a number. My answer of course was it depends. It depends on what the interest rates are. It depends if we stay on track for a strong economy or if the economy slips back depending on which direction politics takes. 

 

He was not having any of it, he wanted my guess. So based on facts of the past, if we keep on a strong economy, the home will be worth more. If we see tax increases, stocks will slump, interest rates will rise, buyers will stop buying and the house could be worth a lot less. 

 

SO the answer to our question is now could be the best time to sell asked the wife. My next question was why are they selling. The answer was she was having difficulty going up and down the stairs. She found it difficult to clean a big home now that all the kids have left and have homes of their own. That they no longer want to maintain a big lawn and certainly do not want to shovel snow come winter. "They answered their own question that now may be the best time to sell. They were thank full i took the time to answer questions and that yes, they appreciated my candor on the future. 

 

 

 

My infamous message is do not hire just anyone to list you home. Do not just hire the biggest company or agent. Take time to hire the BEST agent. The way I do business is to offer some of the best possible personal and professional service. To stand by them through each step of the buying and selling process. Let me show you the right agent CAN make a difference. 

 

 

 

To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .

 

About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 32 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.We are Full Time Agents ready to serve all of your Real Estate needs. Servicing Hillsborough, Rockingham, Merrimack and Belknap counties. 

 

    

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Rainmaker
3,129,243
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Scott... I don't know about your crystal ball... but mine has been cracked for quite a while now!

Sep 16, 2019 05:37 AM #1
Rainmaker
3,359,908
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Scott - guessing games and predictions of future values may be fun for some but it does not take into account the important factor:  how much is your home worth today.  When it comes to New Hampshire real estate, your expertise matters as does your commitment to achieving success for those fortunate enough to work with you.  

Sep 16, 2019 05:41 AM #2
Rainmaker
3,020,385
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

If mine worked, I would be on a beach right now somewhere tropical. But Nina Hollander all i can do is give the  2 sides, then let them decide. The answer though for most sellers is when the tie is right from them to sell, makes now the right time to sell

Sep 16, 2019 05:44 AM #3
Rainmaker
3,020,385
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

That is exactly it Michael Jacobs. The answer is not obvious to many who really do not know. Letting them know that and why sure does help them in their decisions 

Sep 16, 2019 05:47 AM #4
Rainmaker
3,633,579
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Scott. What a strange man. What difference would it make if his love couldn't handle the current house now.

Sep 16, 2019 05:49 AM #5
Rainmaker
1,446,007
Kat Palmiotti
406-270-3667 (MT), 914-419-0270 (NY), Broker in NY with Grand Lux Realty and in MT with (coming soon!) - Kalispell, MT
The House Kat

There is no way to know what the future will hold in terms of pricing. You gave them a perfect answer, and asked the right questions. Thanks for sharing!

Sep 16, 2019 05:56 AM #6
Rainmaker
1,329,187
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi Scott,
Here we go with that "timing the market" issue again, eh? 

Sep 16, 2019 06:32 AM #7
Ambassador
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

If only we had a crystal ball, right? We get asked that quite often too - sorry folks, we simply cannot predict the future. 

Sep 16, 2019 07:12 AM #8
Rainmaker
421,027
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

Good morning Scott Godzyk People think we have a crystal ball. Lol. You gave them the right answer. 

Sep 16, 2019 08:38 AM #9
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Scott- I'm not sure what kind of crystal ball they think agents have but if any of us knew for a fact what will happen in the future we'd be sitting on that lounge chair by the beach on the island we own. 

Sep 16, 2019 11:58 AM #10
Rainmaker
3,191,066
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

My crystal ball says that if sellers choose you Scott...their home will sell!

Sep 16, 2019 12:03 PM #11
Ambassador
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Lynn B. Friedman
Atlanta Homes ODAT Realty Call/Text 404-939-2727 Buckhead - Midtown - Westside -- and more ... - Atlanta, GA
Concierge Service for Our Atlanta Sellers & Buyers

Scott Godzyk 
So here I am in the same exact situation - -- Seller had knee surgery and hasn't been upstairs in six months! Cannot do the grass anymore. My comment to him was you are retired, why not enjoy your life every day instead of fighting with stairs and lawns etc.? Already found him a one-story near where he lives now. Wednesday is the meeting for Listing.

If all goes well, the Owner of the house he wants will Lease-Purchase to him until his sells and he has the best of both worlds. He can "furnish" his new home with furniture from old and when his sells - same day he will buy the one he is already living in! NO STRESS!!!!!!!  All the best - Lynn

Sep 16, 2019 02:50 PM #12
Rainmaker
1,234,822
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Scott Godzyk,

The key question you asked was why do they want to sell?  They had the answer all along!

Sep 16, 2019 05:35 PM #13
Rainmaker
352,860
Lynda White
Bluegrass Homes & Farms Realty, Agent Know How - Louisville, KY
Admin. Mgr., Keller Williams Realty

Very wise words, and clever to let them answer their own question.

Sep 17, 2019 10:55 AM #14
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Absolutely, Scott! When is the last time you heard an analyst predict what a stock will be in a year and a half?! 

Oh, if we could look into the future... 😉 

Sep 17, 2019 07:33 PM #15
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