Admin

Destin Fl Real Estate-Variables That Don't Influence Your Home's Value

By
Real Estate Agent with RE/MAX Coastal Properties BROK.995683208

Destin Fl Real Estate-Variables That Don't Influence Your Home's Value

Is selling your Destin Florida Condo (or home) on the agenda for 2024? If so, getting the maximum  money possible is important to most home sellers. Thanks to the abundance of information available these days, Destin home sellers often struggle to determine value. Let's take a closer look at variables that usually have no impact on a homes current worth...

Factors that have no Impact on your Destin Florida home's current value 

1) What you originally paid for the home-- I have buyers on a regular basis reach out and tell me what a seller originally paid years ago. Thanks to public records, in most states this data is a couple of clicks away. Unless you purchased your Destin Florida home in the last year (and made no improvements) this figure is meaningless. 

2) The value a third party website spits out-- These systems normally rely on published sales data and proprietary formulas to reach a figure. Without physically touring the home, such numbers are suspect. 

3) What a buddy paid for a similar home in another market-- The price of a two bedroom Destin Florida condo will differ from something similar in Oklahoma City (ever seen our beach?). 

5) The Amount the seller NEEDS from the transaction- I had a potential seller that wanted fair market value, plus the price of a pre-owned Porsche he had his eyes on. I walked away from that opportunity for several reasons...

6) The cost associated with fixing or replacing home systems-- Replacing a leaking roof DOES NOT equal adding the same or more value to the home. Destin home buyers expect a functioning roof. Sure we can use a new roof in our marketing, but this just gets the home is selling condition. 

Prepping Your Destin Home for Market 

Ready to cash in your home's equity? Call Doug Rogers RE/MAX Coastal Properties  (318) 613-1994 today! Want to see how your Destin Florida home compares to the local competition? Go to Destin Florida Condos For Sale to review properties listed on the local MLS. 

 

Posted by

Searching for a Top real estate agent in Destin Florida ? Need help selling your Emerald Cost home? Either way call Doug today!

Doug Rogers

Real Estate Agent 

RE/MAX Coastal Properties 

Destin Florida 32541

 

 

(318) 613-1994

 Equal opportunity housing. Doug Rogers is a licensed real estate professional in Florida and Louisiana. Each office independently owned and operated

 

 

 

Kathy Streib
Cypress, TX
Home Stager/Redesign

Doug- excellent   A home is worth what a buyer will pay for it. 

Jul 24, 2024 07:08 PM