Home values are always tied to economic factors and or catastrophic ones. It would only make sense. Values are determined by the nearby sales in the area or community of a home. We usually base it off sold comparables, pending and active sales. Each category of comparables tell a story that ties to the number that would make sense to start off marketing a home.
Changes in the way we live can always affect a home and if it's something ongoing it's something we usually can't account for in any math algorithm but rather something we need to rely more on our gut and what we know to place a home on the market. That's why you hire a professional since they are more in tuned with what's going on for the most part.
Sellers can always make the most for their buck by hiring a pro, keeping a clean and neat home with no clutter, making sure the home is accessible for showings, fixing the 4 major points in a home to avoid inspection issues, including major appliances in sale. The list is endless however these are some basic points.
Comments