How Do You Find the Right Value of Your Home

When you are ready to sell your property there are a few different routes you may go about to receive the amount you see fit. You may do it yourself, get a housing professional, or get the home evaluated. The best and most proper evaluation of a property’s market value is done through an real estate appraiser. An appraiser will look over the house top to bottom and inside and out noting several different things. He will consider location, view, age, and number of rooms and bathrooms, just to name a handful. After the initial visit to the property, the appraiser will write a analysis. In his analysis he will judge your home to two or three different houses which have sold recently. The properties used for comparison are very comparable in square footage and location to your house. Then the appraiser will adjust the value of your property based on its characteristics in regards to the homes that have been sold. Don’t forget that a lot of things you may think add value to the home might not whatsoever. One example of such an item is above ground swimming pools because they are thought of the owner’s personal property and can be removed whenever the owner chooses to. On the flip side an in ground pool will likely add the home’s worth along with ceiling fans and central air conditioning systems. Because this is a very extensive process, the average fee for an appraisal is about three hundred and fifty dollars. Most appraisers will estimate prices over the phone while others simply will not because it is difficult to quote a price without first visualizing. Getting an appraisal is a wonderful way to go; however it is very much recommended that the property owner do his own research. Attempt to educate yourself on your market and experience a few open houses to make comparisons. You especially might need to pay attention to is the market itself. Is it a good time to sell? Or are properties around you selling for less than their value? Before you decide to sell, keep your eye on the market for a while and look for any trends. If you are set on getting an agent be sure to meet with more than one to be sure you are getting the best price. If you get an appraisal and then go to one agent they may say you are asking too much, while another agent may very well agree with you. But be sure you are not asking too much. Overpriced homes do not tend to sell! What you should’ve gotten from this article: When the time comes to sell your property, do your research! If you are going to do it yourself, be sure its the right time to sell and get an appraisal. If you would rather go with a real estate agent, talk to a few until you find one you can trust. These are some very simplistic steps you should go through to make certain that you get a fair price for your home.

Working in both Austin and Houston TX, Chandler Smith is a successful real estate expert. He oversees Texas Appraisal Team along with Houston Real Estate Appraiser

This article is free for republishing
Source: http://www.articlealley.com/article_145515_33.html