Unlocking the Secrets to Understanding Your Home's Value: A Comprehensive Guide
Number one is the proximity to amenities, schools, and transportation. So if you are close to the freeway, if you are close to certain schools, and if you are close to certain amenities or recreational options, it can affect your home positively and negatively. Next up is the square footage and the number of bedrooms and bathrooms. It is very important to people to have dedicated bedrooms and/or office spaces. Square footage is huge, and we can go into a price per square foot to help us understand what the market value is. And then bathrooms are a big one. I refuse to live in a house with fewer than two bathrooms. So if you have one bathroom or six bathrooms, it could largely affect the value of your home.
Number three is age and condition. If your home is older but has been well-maintained, and/or if your home is brand new but was not built well, that plays a big factor in marketability. Number four is the recent home sales in your area, and for the Ukiah area, it is very unique. We can have a two-bedroom house next to a million-dollar house, and having an agent who understands the market the area and the recent sales is very helpful to be able to price your home properly so that you can get it sold.
Number five, the current state of the local property market. Are homes selling in your area? Is there an industry moving in? Are there people moving north? What is happening in your specific area, and how does that affect your home's value? Number six is special features, home upgrades, the construction quality, as I mentioned earlier. Condition is a huge part that goes into it, so what type of condition are those special features in, and how well were they constructed? That will play a large part in what your house is worth.
Number seven is local factors such as employment and overall economic health. It is super important to keep in mind. You know if the rest of the town isn't doing so well, your home value is probably not going to do so well. So that's why it's super important to pay attention to what's going on in local politics especially if you're a homeowner because that will directly affect what your house is worth.
Number eight is the number of homes available versus the number of buyers that are out there. Right now, we have really low inventory, so if a new home comes on the market and it is priced well in good condition, and ready to sell, chances are it's going to go pretty quick. So it's important to, like I said earlier, have an agent that keeps a pulse on those stats and can market your home properly to get it sold. And if you think a good realtor is expensive, you should find out how much a bad one will cost you because they won't know any of that.
So if you want to know what your home is worth in today's market, I will leave a link down below. All you have to do is pop your address in and boom, in your inbox, will be your home's value. I'll call you up to get some more details, and then I'll send you a comprehensive market analysis, and we can go over your specific home and property and what it's worth in today's market and also when you're ready to sell and what to do to get there. If you have any questions at all, I am always here for your real estate needs!
LINKS YOU SHOULD VISIT:
1. Unlock the secrets to your home's value! Click here for a personalized assessment.
2. Stay ahead in the market with real-time insights: https://kasie.realtor/snapshot
3. Ready to find your dream home? Register for our free home buyer guide at https://kasie.realtor/buying-a-home
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