Do you ever wonder how much your home is worth compared to how much you paid for it?
There are some resources out there to see estimates of what your home is valued at. One of the most popular ones out there is Redfin which can be found here. Redfin Home Value Calculator.
But if you are looking for something a bit more accurate, because you are considering the idea of selling your home, we recommend reaching out to our team for a free, no-obligation, offer on your home. We work with homeowners who are looking to sell their homes to reduce stress and provide a simple and concise process for selling a home and walking away. Regardless of the reasons for selling the home, downsizing, relocation, foreclosure, divorce, or unwanted homes, we will take a careful look at each home and prepare a fair offer on them.
Some factors that impact offers and some that don’t impact offers.
- A home that does not require a lot of work or larger-scale projects
- Homes with larger projects and higher ticket price repairs will definitely impact the price of a home. For example, roofs, foundations, and HVAC can be game-changers in terms of the value of homes.
- Location of the home
- Location is always a big factor when it comes to the value and price of a home. Some neighborhoods have higher prices compared to others and there are a number of factors within the neighborhood that go into determining the price.
- History of the home
- When the home was built also plays a factor in current pricing. We suggest reviewing what you paid for the home and what the previous owners paid.
- The Market
- We also recommend checking the listings to see what homes around you have recently sold for. With the current market in Northeast Ohio, homes are selling pretty quickly.
- Aesthetic repairs
- Aesthetic repairs tend to be minor and can typically be fixed and updated easily. For some sellers, making these repairs is a burden, so we tend to avoid requesting them when we make offers.
- Paint can be an indicator of the date of the home and whether or not the home has been updated recently.
- Appliances are also another indicator of whether the home has been kept up to date. How they look and how they work can impact the price slightly. As new appliances come out, and technology advances, it is becoming important to keep appliances up to date when attempting to sell.
- Some features tend to turn away buyers more than others. The good news is that they can usually be fixed fairly easily. Paneling, baseboards, flooring, and things like that are judged by buyers but taken less critically.
- Lawn and yard
- If the bushes are a bit overgrown, the grass is a little tall, or the trees are growing into inconvenient areas of the yard, it may be a deal-breaker for some, but for others, it won’t be.