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Request A Home's Value
Welcome > For Buyers > Request A Home's Value ...

To find out what your home is worth, a licensed Realtor will provide you with a Comparative Market Analysis (CMA) which shows the prices of comparable recently sold homes, homes currently on the market homes, and homes that were on the market, but weren't sold. You can get this accurate report of your home's value by completing the form at the bottom of the page.  

Here are 5 other time-tested strategies to help understand how much your home is worth:  

1. Abandon your personal point of view.
Buyers care more about how they see using the home than about how much you paid for it or how many memorable moments your family shared there. It's a shame, but true.  

2. Do your own market research.
You may talk to your neighbors to learn more about homes selling in your neighborhood. When you compare yours, consider location, size, amenities, and condition. BUT you should ALWAYS talk to a PRO! 

3. Consider RECENT upgrades.
Upgrades are an important consideration, but only if they're recent. Major improvements can also benefit you, especially if they're in the bathroom and kitchen, but be realistic about the present condition of the improvements. A 10-year old kitchen is NOT a new kitchen.
Make a list of all improvements you’ve undertaken since buying your home.  

Include (for example):
-New roof
-New windows (especially energy efficient)
-New carpets and/or hardwood floors
-Major kitchen and bathroom improvements
-New furnace
-New hot water heater
-New paint and/or wallpaper
-Alterations / Additions 

4. Consider market conditions.
Are homes in your area selling quickly or languishing? Will your home be on the market in the strong home-buying season? Are interest rates attractive? Is the economy strong? Is it a buyer's market or a seller's market? Is the local job market healthy or are employees facing layoffs?  

5. Sweeten the deal.
If you're willing to close within 60 to 90 days, you'll attract buyers who want to move in right away. You may also be able to contribute to your buyer’s closing to help facilitate a deal.  

 

Fill out this form to request your home's value and ask us any question about selling your home. It's our job to help you! There's no obligation, and we promise to respond quickly... 

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Real Estate Tips
Pricing >The Value of Your House

One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.

How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.

Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.

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Real Estate Trivia
Q 
What is the least affordable metropolitan housing market in the United States?

A 
California's Los Angeles-Long Beach-Glendale is currently rated as the most expensive metro area in the nation.
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The Texas Team, REALTOR®, real estate agent and broker for Plano, Allen and McKinney, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Texas Team
RE/MAX Premier Properties 1

5501 Independence Parkway
Plano, TX 75023
972-599-3309
Fax: 972-314-9434
charles@dallasreos.com

The Texas Team has sold over $500 million in residential real estate since 1998. Whether you are a buyer or a seller, you can count on us having only your interests in mind. We represent buyers and sellers all over the DFW metroplex and we specialize in all areas north of LBJ in Collin, Dallas, Denton and Rockwall counties.


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