As you ponder the decision to sell your home, of course an important variable is the home’s fair value. Pricing a home frankly is not a science. It combines hard facts – the appropriate comps – with longstanding real estate judgment. Together we work with clients to achieve a maximum price for their most personal of investments.
We are here to give you our best valuation judgment. We will provide you with an updated comparable analysis - based on a variety of inputs/factors discussed below – to assist the decision. And that “comp” will be the benchmark upon which a pricing strategy will be developed. As you might imagine, the comparable analysis provides key information, in particular how much others have paid for similar homes, and how those homes might be similar or distinguishable from your own. It factors in recently sold homes, their listed price, time on the market, price reductions, and a whole host of other key variables.
We are amused – sometimes appalled – by the various internet home “estimates.” Too often they are wildly inaccurate, sometimes by over 30%. Zillow and others no doubt are fun to browse. But a computer will not know the condition of your home. Your internet browser will not understand that you just redid your kitchen or put in a new hardwood floor. The internet is not aware of upcoming listings, and their expected price.
So instead of guessing at the value of your home, just contact us. We have sophisticated databases that are updated constantly. You may not be aware of a listing that posted yesterday, or indeed be privy to the pipeline of listings that are unannounced. We will work to provide an accurate comparable analysis focused on your entire neighborhood, measuring your homes against those. We then factor in a variety of subjective factors, curb appeal, schools, etc., and provide our best valuation judgment.
But it all starts with local expertise: we know these towns, neighborhoods and streets. We grew up here. And we promise our judgments will be based on this expertise.
