Do you know how best to determine the actual value of my property? You see the problem with a lot of Houston home sellers is, they often think that they can tell the true value of a property just by looking at it. That’s really not how that process work. Well, unless you’re a professional like we are, with years of experience.
Figuring out the true value of my Houston house is not simple. So don’t think hiring a property appraiser or relying on Zillow will cut it. And do not make the mistake of listing the home on your own without finding out what that value is. You could lose hundreds of dollars, and live the rest of your life regretting ever making such a decision.
How to determine the actual value of my property
Take a minute to study the real estate market in Houston, Texas
It’s not like we’re asking you to go back to school and learn study real estate. Just talk to someone who’s been dealing with real estate for a while or get magazines that focus on Houston properties. Learn about how or why properties values keep fluctuating. As time goes by, you’ll notice that there’s a trend and this is what you need when determining the true value of my Houston home in Texas.
Hire a professional
After studying the real estate market and reaching out to people who deal with real estate, take the next step. Enlist the services of an appraiser. An appraisers opinion might be the one answer that you need if you still question the value of my home in Houston, Texas.
An appraisal is not costly. Okay maybe it will seem costly if you consider the fact that some people are selling homes fast to cash buyer without performing appraisals. Research the market before you make any moves. That’s how successful sellers become successful after selling.
Utilize online calculators
You don’t have to go at it alone in this technological age. Look for online tools that are always effective in property valuation. Also, remember that some of these tools only work best if you use accurate facts. Sites that you can use include HomeGain, Redfin, Zillow, Chase, Remax, and Realtor.com.
Run a CMA
Houston realtors often prepare this Competitive Market Analysis, but it’s not something that you can’t do on your own. What exactly does a CMA do? It offers information from recently sold houses in the location, and gives you a rough estimate of what my Houston home can be sold for in Texas. The information that you get will help you get the true value of the property on the market by comparing it to similar sold homes in the area.
Reaching out to cash investors is also a viable option considering they have been selling and buying real estate investment for years. We will help you determine the actual value of your home in Texas. Call us toady.