Whether you’re a current homeowner or you’re in the market for a new home or investment property, you may be curious about a home’s value and the factors that go into calculating it.
Understanding a home’s true market value is about more than pictures, software assessments and price-per-square-foot.
Whether you’re a current homeowner thinking of selling or are house-hunting, it’s crucial you understand what factors affect home valuation. By partnering with a local market expert, sellers will avoid pricing their house out of the market (the kiss of death in real estate) and buyers will ensure they get a good deal on their next home.
So, how do you accurately calculate a home’s value? After all, the value a home is assigned by its town or county and the one it’s given when it’s listed are often dramatically different from one another. Which one is accurate and what does it all mean?
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