When estimating the value of your home, there are various factors to consider. The number of bedrooms, the number of bathrooms, and square footage are all considered among other recently sold homes in the local community. What a generated estimate does not consider, however, is upgrades, current market changes, and personalized features among other things.
This is when a professional can be of help. A knowledgeable and experienced realtor can help you account for factors outside of this generalized paradigm. When you work with a realtor who is highly knowledgeable of the homes in your area, you can receive the most out of the sale of your home.
Understanding Current Value
Market Value reports that are often generated by websites like Zillow and Realtor.com may serve a good estimate but since they serve a broader audience, they may not account for other factors in your locale. In Calabasas, for example, there are renowned schools both in the public and private sector and that alone can account for an increase in your home value. Location is also to be considered, especially when there are various gated communities in Calabasas. When calculating the value of your home, a Calabasas specialized realtor can help you find the right buyer so that you can get the most out of your sale.
While National Home Values are generally represented equally, they vary by location. According to the economic advisor, new home sale transactions for October 2018 have fallen 12 percent compared to October 2017. While this may affect the market nationwide, it may be different case for Calabasas home sales. In order to truly understand the present value of your home, it is important to consult a realtor who understand the Calabasas market.
Maximize Value and Keep Costs Low
Many homeowners believe that remodeling their homes will result in higher sales. While this may be true in some cases, they ought to be cautious of expenses. After all, the goal is to maximize return on investments. Upon touring the home, an experienced realtor will be able to provide professional advice on making upgrades. In most cases, some are simply cosmetic while in others, they may be more expensive, but it may also result in a higher sale price. That is why it’s important to consult your realtor before planning any upgrades to your home.
For more information or for any personalized home valuations contact
David Watkins at (818) 970-2946 or email firstname.lastname@example.org
To see what your home is currently worth, visit http://calabasashomevalues.com/