How do I know what a house is really worth?
Posted by Greg Dewar on
When you’re looking for a new home it might be difficult to determine what a house is actually worth before making an offer. As a realtor, my advice is to always do your research and to really use the skills of your realtor to help you make an informed decision before putting an offer in on a home.
Here are some things that anyone can do to help them get a handle on what a home is really worth.
- Rely on your realtor. This one is a bit of a no-brainer and definitely shows my bias, but it’s true. If you’re working with a realtor, this is one of the top benefits of doing so – they have the knowledge, skills and experience to recognize what a home is actually worth. They’ll be able to tell you if the home is overpriced or even if it’s underpriced and…
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One of the things that my Cambridge clients love when they work with me is the amount of different tools and widgets I feature online to streamline the home buying and selling processes. As a real estate agent in Cambridge, I know the importance of setting myself apart from the pack and offering my customers something that they can’t get anywhere else. Plus, with much of the world shifting toward digital, most people start online when they begin looking for a new house. My goal is to tap into this need and make it as easy as possible for people to find the house of their dreams.
If you’re thinking about selling your condo in the near future, you’ve probably started thinking about what you can do to increase its value. We’ve already talked about how to increase the value of your home and renovations you should avoid when selling your home, but getting a condo ready to be sold is a little different than a house. A good starting point for determining how best to increase your condo’s value is to compare it with similar condos in the area. You will lose money on your renovations if they are too elaborate, over-the-top or significantly blows the value of the other condos out of the water. Also be sure to run potential renovations by your condo board before getting started.
When you’re selling your home, you will need to determine how much money your house is worth before listing it on the market. What your house is worth is affected by several different factors that I’ve outlined below.
Are you ready to upgrade to a bigger house? Feel like it’s time to trade up? There can be any number of reasons why you or your family wants to upgrade to a bigger home and I’d like to share some of the most popular ones along with some important things to keep in mind before actually making the move.
If you read my last blog post about deciding whether you should upgrade your house, you’ll definitely want to read about the financial implications of doing so. Upgrading your home to a larger house is a big decision with many considerations. You need to be confident that you can handle the upgrade to your expenses along with the upgrade to your housing. Think about the following:
When you’re ready to sell your home, you want to sell it at the highest price possible. Increasing the resale value of your home can be done in a variety of ways – from the easy, minor things, to large scale renovations. The first question you should ask yourself is if it’s worth the time, hassle and money to do so.