Monday, February 15, 2016

How to Find Out What Your Home Is Worth in Wichita


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Knowing what your home is worth is important for a multitude of reasons. Perhaps you need to analyze your assets, or you’re trying to sell your home. These are all instances where you need to find your home value.

Today I’ll share five ways in which you can pinpoint your home’s value.

  1. Look at what similar homes in your area are selling for, and take into account the upgrades on each home. 
  2. Have a real estate professional run a comparative market analysis (CMA) on your home to determine the value.
  3. If your home has a lot of unique features, then you may need to hire an appraiser to come and evaluate your property more closely. 
  4. Analyze your competition, consumption, and condition. These three C’s will determine your final sale price.
  5. Make a list of everything that you’ve updated in your home. Hand this sheet to your real estate professional when they’re running a CMA and have them adjust the price for the upgrades that you have.
 
If you have any questions or concerns about this, please don’t hesitate to contact me!

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