What’s It Worth: Determining the Value of Your Home
There’s good news for home sellers in the United States. According to realtor.com, the national median list price of a single family home rose to $189,900 during the spring of 2012, which was up 5.6 percent compared to what the year before. And in a country where the housing market has been on the decline for several years, that’s welcome information.
If you are a homeowner, you may have cringed at the idea of checking the value of your property in the past. Now, however, it might be a good time to check in and see the latest numbers. According to experts, it might not be as bad as you think. In fact, if you checked in 2011, you might even see a little welcome appreciation.
While the most accurate numbers will always come from a realtor or financial institution, thanks to the Internet there are now easier ways to estimate the value of your home. According to national talk radio host and consumer expert Kim Komando there are three main websites that can be trusted to estimate your home’s worth:
1. Zillow.com – This helpful site offers what they call “Zestimates” for homes at any address. Homeowners can type in their address and get an estimate, and even change or update the information about the property. Zillow also offers a helpful overview of home prices in the area so that you can see what others are getting for their properties.
2. Trulia.com – Just like Zillow, Trulia offers an estimate based on a home’s address and allows users to update and edit the facts about the property. According to Komando, this site is also particularly useful when house hunting due to its extensive search options. By offering what is called a “Heat Map,” it provides a visual image of the area’s sales, price trends and popularity.
3. Realtor.com – As the official site of the National Association of Realtors, Realtor.com is the most legitimate site for serious sellers and buyers. With more than 900 multiple listing services using the site to feature properties, this is the perfect place to go in order to find the most comprehensive information available online. Among its many calculators, the Realtor.com home valuation tool can also help homeowners determine their property’s value. But unlike the previous sites Realtor.com only offers an estimate based on area information, not on a specific property’s address. As one of the leading sources of information, however, the numbers are likely to be as accurate as they would be anywhere else.
When it comes to your property’s value, we know you want the truth, and thanks to the power of online sites like these, it’s more possible than ever to investigate any situation. As part of the home industry, we at Adamstree Roofing encourage you to stay aware of the price of your home and to gain an understanding of the local market. And, if you are serious about selling your home, we also suggest taking the necessary steps in order to make sure it is ready for close inspection.
Through our services, we at Adamstree Roofing can help increase the value of your home by providing experienced roof maintenance and installation. As one of the key aspects to the quality of your home, it’s important to make sure the roof is in excellent condition before putting it on the market. Doing this will make sure you get the top dollar for your property and pass any inspection the buyers send your way. As general construction contractors, we can also help you make any adjustments to your property you feel would increase its overall value.
Today, whether you are in the market to sell your home or simply want to find out more about how we can help you increase the value of your property through a new roof, contact us at Adamstree Roofing. We’ll be happy to do whatever we can to make your property stand out from the rest.