What is your home worth?

When determining your home's value, the first step is to gather all relevant details about your property:

• Property Description: We'll start with a detailed description of your home, including its address, type (single-family, condo, etc.), square footage, number of bedrooms and bathrooms, lot size, and the year it was built.

• Condition and Features: Understanding the current condition of your property, any recent upgrades or renovations, unique features, and overall appeal is crucial in the analysis.

To provide an accurate market value, we compare your property to similar homes in your area:

• Recently Sold Homes: We'll look at similar properties that have sold within the last 3-6 months, as these sales give the most relevant market insights.

• Active Listings: Current listings show your competition and help us understand current pricing trends.

• Pending Sales: These are properties that are under contract but not yet closed, providing a glimpse into the latest market activity.

• Expired Listings: Properties that did not sell can highlight overpricing or lack of demand, giving us a clearer picture of market conditions.

Each comparable property is thoroughly analyzed and adjusted to ensure an accurate comparison:

• Adjustments for Differences: We'll make adjustments for any differences between your property and each comparable, such as size, condition, features, and lot size.

• Price Per Square Foot: By analyzing the price per square foot, we ensure a fair and precise comparison.

• Net Adjusted Values: This is the final adjusted sale price of the comparables after all differences have been considered.

Understanding the broader market conditions is essential for an accurate valuation:

• Local Market Trends: We'll provide an overview of whether it’s a buyer’s or seller’s market, average days on market, and inventory levels.

• Economic Factors: Relevant economic factors, such as local employment rates, interest rates, and economic growth, are also considered.

Your neighborhood plays a significant role in your home’s value:

• Location Characteristics: We’ll evaluate your neighborhood, considering proximity to schools, amenities, public transportation, and major highways.

• Community Features: Features like parks, recreational facilities, and shopping centers are highlighted.

• Zoning and Development: Any zoning laws, planned developments, or changes in the area that might affect property values are taken into account.

Based on our comprehensive analysis, we develop a strategic pricing plan:

• Suggested Listing Price: Kim will recommend a competitive listing price range for your property.

• Pricing Rationale: We explain how the suggested price was determined, including the adjustments and comparisons made.

• Market Positioning: A strategy to position your home effectively in the current market to attract buyers and achieve the best possible sale price.

Visual representation helps in better understanding the data:

• Photographs and Maps: Visuals of your property and comparables, including photos and location maps, are provided.

• Graphs and Charts: Market trends, price per square foot comparisons, and other relevant data are illustrated through easy-to-understand graphs and charts.

Finally, we summarize our findings and provide actionable recommendations:

• Summary of Findings: A concise summary of the key insights from the analysis.

• Recommendations: Professional advice on preparing your home for sale, including any suggested improvements or staging tips to maximize value.