Many homeowners are often confused on what the market value of their home maybe. Often time home owners think the value of their home is the amount of money they put into their home or how much the tax assessor says the home is worth but, that is not the case. Below list explaining what the market value of your home is and is not.
The Market Value of Your Home is NOT:
1. What you have in it.
2. What you need out of it.
3. What you want.
4. What it appraised for.
5. What you heard your neighbor’s house sold for.
6. What the tax office says it is worth.
7. How much it is insured for.
8. Determined by prices of homes where you are moving.
The True Market Value of Your Home Is: What a Buyer is Willing to Pay:
1. Based on today’s market.
2. Based on today’s competition.
3. Based on today’s financing.
4. Based on today’s economic conditions.
5. Based on the buyer’s perception of the home’s condition.
6. Based on location.
If you would like to learn the value of your Bellingham or Whatcom County Real Estate, we would love to help! Here you can complete a form on your home and you will receive a complimnentrary computer analysis indicating your home’s approximate market value. You will receive this information quickly, by email. You are also welcome to give us a call direct at 1-888-713-3056 or by email at Info@JohnsonTeamRealEstate.com
If you are just curious what other homes in your area might be listed for visit search.johnsonteamrealestate.com to view an up to date list of the latest real estate listings in Bellingham and around Whatcom County.
For more information on Bellingham Real Estate or to search for homes in the Bellingham and Whatcom County area visit www.JohnsonTeamRealEstate.com, your one stop Bellingham real estate and community information resource!