How Much Is My House Worth?
When it comes time to sell your home, the biggest question that most homeowners have relates to the value of their home. “How much is my house worth?” can be a tricky question. After all, your home has much more than a monetary value to you — it is also the place where you have laughed, loved, and made precious memories.
When you are selling your home, asking for too much money can hurt you. On the contrary, so can asking too little for your home. So how do you determine the value of your Gig Harbor home? Let our experienced team of real estate professionals at Team Aro help. As real estate professionals in Gig Harbor, we have the experience and knowledge to accurately price your home. When it comes time for you to sell your home, be sure to reach out to our team.
Factors That Influence Home Value
- Neighborhood comps
- Home size and usable space
- Age and condition
- Upgrades and updates
- The local real estate market
- Economic indicators
- Interest rates
- And more!
How Much Is My Home Worth? We Bought It For…
When homeowners decide to sell their home, the first thing that they do is think of the cost of their home when they bought it. As real estate professionals, let us tell you that the cost of your home when you bought it does not matter — because the price of your home is more than likely going to be drastically different.
The housing market fluctuates often — and in desirable areas like Gig Harbor, the price of homes usually increases annually. That said, it is not uncommon for homes to decrease in value too. So rather than wasting your time trying to think of what your home cost when you bought it, get in touch with a Gig Harbor real estate professional who can help you accurately determine the value of your home.
Factor In Changes
When trying to determine the price of your home, it is important to factor in the upgrades and downgrades that have occurred during the time that you owned the home. If you have redone the kitchen, it is important to think of the value that the project added to your home. If your roof is towards the end of its intended lifetime, you might want to factor in how the need for a new roof would decrease the value of your home.
While you can determine what value you have added or subtracted from your home, leave it to a Gig Harbor real estate professional to value your home and how it will perform in the current real estate market.
Selling Your Home? Let Us Help
If you are selling your home in Gig Harbor, get in touch with a local realtor at Team Aro. We would be more than happy to help you through the home selling process. Contact a member of our team today to get started!