Why You Need To Know Your Huntley Home Value
Deciding how much to list your home for is a very important decision. If you list too low, you will loose money you should be getting. If you list too high, you will attract few buyers and fewer offers. Your listing will get stale. But how can you know Huntley home values? The market changes every week. Feel free to check out current listings of Huntley homes to get an idea of Huntley home values.
Realtor Accuracy With Huntley Home Values
Realtors tell you they know Huntley home values but do they really? Some don’t work the HUntley market enough to know. For example, a 2,000 sq ft home in Barrington has a much different value than one in Huntley or Sun City Huntley. Even if the Realtor knows your area of Huntley well, their mood, their prejudices against certain types of home and many other factors can affect their estimates. An average home in Huntley sells for about $250,000. That means if a Realtor is 99% right, they are wrong on your Huntley home value by 1% or $2,500! If their are 98% right, they are off by $5,000 and that’s a lot of money.
But Zillow Knows Huntley Home Values, Right?
Unfortunately, no! Many people believe Zllow estimates but they shouldn’t. How could Zillow know that you finished your basement or added a $20,000 deck? Zillow takes into their pricing formula bank owned and distressed properties too. That drives down their estimates.The Washington Post says Zillow estimates are within 5% to 10% of the actual value of your Huntley home value. Remember that 10% of an average Huntley home could make their Zestimate too high or too low by $25,000!
Even Zillow says this about their estimates:
“The Zestimate is not an appraisal and you won’t be able to use it in place of an appraisal, though you can certainly share it with real estate professionals. It is a computer-generated estimate of the worth of a house today, given the available data. Zillow does not offer the Zestimate as the basis of any specific real-estate related financial transaction. Our data sources may be incomplete or incorrect; also, we have not physically inspected a specific home. Remember, the Zestimate is a starting point and does not consider all the market intricacies that can determine the actual price a house will sell for.”
How To Know Exact Huntley Home Values
So what can you do, other than just take a guess…go with your gut..and other ways to price your most important asset? The best answer is to get your home appraised by a Certified Residential Real Estate Appraiser. These appraisal professionals are licensed by the state. They take hundreds of hours of training and apprentice before getting their license from the state. Best of all, they are impartial. They are not trying to list your home, so they aren;t trying to flatter you or get your home at a price that is so low it will sell quickly.
Great tool for getting better offers
An additional benefit of a certified professional appraisal is its affect on buyers. You can use the appraisal to show the value of your home and that is powerful in negotiating your price.
Rest Easy With A Professional Appraisal That Costs You Nothing!
With a professional appraisal by a state licensed appraiser, you can rest easy knowing the real value of your home. The only problem is the cost, right? I believe so much in the importance of the appraisal that I am willing to pay for your professional appraisal (up to $400.00) when you list and close with me. Call now to find out more at 847-471-7177.