FOR A LIMITED TIME, RECEIVE A FREE HOME ANALYSIS/EVALUATION - A $400 VALUE!
A comprehensive home analysis is an assessment of the value of a residential property that is conducted by a real estate agent or appraiser. This evaluation can provide homeowners with an estimate of what their property is worth in the current market. Robert Tatomir of Future Homes & Real Estate Ltd. holds the Market Value Appraiser-Residential professional designation.
During the evaluation, Robert will visit your property and take note of various features such as the size, layout, condition, and location of the property. He will also consider recent sales of similar properties in the area, as well as other market trends and factors that can impact the property’s value.
Based on this information, Robert and his Future Homes Team will generate a report that estimates the value of your property. This information can be helpful for homeowners who are considering selling their property, refinancing their mortgage, or who simply want to understand the current market value of their home.
Why Do I Need A Home Analysis/Evaluation?
There are several reasons why you might need a comprehensive home analysis but the most common reason is that you might be planning to sell your home.
Setting the right asking price is one of the most important decisions you will make when selling your home. If you set the price too high, you risk turning off potential buyers who may view your property as overpriced. On the other hand, if you set the price too low, you may not get the full value of your property and may end up leaving money on the table.
A home analysis/evaluation can provide you with valuable information about the fair market value of your property. This information is based on recent sales of comparable properties in your area, as well as other market trends and factors that can impact the value of your property. By understanding the fair market value of your property, you can set an appropriate asking price that is competitive with similar homes in your area and reflects the value of your property.
Additionally, setting an appropriate asking price is important because it can impact the amount of time it takes to sell your home. If you set the price too high, your property may sit on the market for an extended period of time, which can make potential buyers view your property as undesirable or potentially flawed. On the other hand, if you set the price too low, your property may sell quickly, but you may not get the full value of your property.
What Are The Steps For A Home Analysis/Evaluation?
The steps involved in a comprehensive home analysis generally involves the following:
Research & Preparation
Robert and the Future Homes Team will typically conduct research on recent sales of comparable properties in the area. They may also prepare a checklist of features to consider during the evaluation.
Inspection
Robert will then visit your property and inspect it thoroughly and take note of the condition of the property, its location, size, and layout, and any features or upgrades that may add value.
Data Analysis
Based on the research and inspection, Robert will analyze the data to determine the fair market value of the property taking into consideration factors such as the age of the property, the condition of the property, and its location.
Report Generation
Robert and the Future Homes Team will generate a report that estimates the value of the property. The report may include details about the property, recent sales of comparable properties, and other factors that impact the value of the property.
Presentation
Robert will then typically present the report to you, the homeowner and explain how he arrived at the estimated value. You, the homeowner may ask questions and provide feedback on the report.
Overall, the goal of a comprehensive home analysis is to provide you, the homeowner with an estimate of the value of your property based on current market conditions. This information can help you make informed decisions about selling, refinancing, or insuring your property.
When it comes to establishing your home’s value, we dive deep into the different market indicators and factors to find out your home is worth. By using multiple metrics, we are able to provide a more accurate market value of your home. Unlike instant property valuation tools, we take a more thorough approach.
Nothing beats having your feet on the ground and experiencing the market first-hand. As a Real Estate Broker with over 39 years experience and holding a Market Value Appraiser-Residential professional designation, I’m constantly staying up to date with market trends such as mortgage rates, buyer behaviour, press releases, current events and other external factors which affects the home’s value. If you’re considering selling your home, now is the time to take action. Don’t miss out on the opportunity to maximize your investment and get the best value for your property.
Working With Future Homes & Real Estate Ltd.
Now that you know the value of your home, you may be thinking of whether or not now is a good time to sell. This is a completely fair question to ask. Although I never pressure clients into selling their home, I always give my honest input and opinion as to whether or not now would be the time to sell. I’m open to having this conversation with you after a home evaluation has been completed to see if now would be the best time to sell. I’d be happy to discuss our marketing strategy which will help you get top dollar in today’s market for the sale of your home.