How Much Is Your San Diego Home Worth?
Knowing the value of a home or condo is very useful when you are buying, selling or refinancing property. If you are a property owner in San Diego and want to find out the value of your home or condo, then ask a San Diego realtor to help you assess your property's market value. Most Realtors provide this as a free service to prospective home sellers.
A professional approach and thorough market knowledge is vital for assessing the market value of a property. This is why it is always better to opt for a realtor than use online property valuation tools. A realtor offers the unique advantage of giving you an accurate estimate of your home's value based on his/her intricate knowledge of local market conditions and comparable homes in the community.
Several factors are taken into account by your San Diego realtor when he/she assesses your San Diego home. They are:
Type of housing - Different types of homes have different pricing. Your realtor will evaluate your home's market value based on what its previous use has been - as a primary home, secondary home, vacation home or rental.
Type of property - Your home's value will differ depending on its type, whether it is a single-family home, multiple-family home, condominium, town house, etc.
Size of property - The value of your home is proportional to its size. In general, the bigger the size of the property, the more value it has.
Living space - Your realtor will measure the square footage of your home to ascertain how much living space your home contains. In general, homes with more square footage tend to be worth more than smaller homes.
Assessment of condition - The realtor will assess the general condition of your home, which impacts the home's value. He/she may also recommend improvements at this stage to help you augment the value of your home.
Architectural style - Home styles that are in vogue add more value to your home.
Age of your home - In general, newer homes attract higher prices than comparable older homes. However, this principal does not necessarily apply to unique properties or historic homes.
Features and facilities - The realtor also evaluates the various features your home contains such as the number of bedrooms, baths, fireplaces, type of heating and cooling systems, amount of space for parking, storage, etc.
Location - The San Diego neighborhood where your home is located contributes greatly to its value. Homes in communities with high demand tend to be more expensive than communities with low demand.
Nearby Facilities - Homes that are situated near the coastline, educational institutions, shopping centers and other amenities tend to have better value than homes that are not close to such amenities.
Comparable Sales - The Realtor will evaluate the price of recently sold homes in your community that are most similar to the property in question.
So if you are a potential home seller, enlist the services of a local realtor who can not only help you determine your home's market value, but will also create a marketing strategy to help you sell your home in a timely manner.
Related Tags: prices, real estate, value, san diego, cma, mls, homes, condos, listing, buyer, seller, condominiums, poway
San Diego CondosCarmel Mountain HomesCarmel Valley Homes Your Article Search Directory : Find in Articles
Recent articles in this category:
- 5 Reasons to Buy Jasper Real Estate
Jasper is a small town in North Georgia and it is growing rapidly. Since North Georgia Foreclosures - Ellijay Real Estate
Ellijay Georgia has always been known for it's outdoor activities and seasonal festivals. Downtown E - How to Deal With Blocked Drains
A blocked drain is an occurrence that happens eventually to all households. You may have experienced - The Benefits of Hiring a Plumbing Consultant
Your dream home may not always be brand new, with fresh paint and home essentials. There are certain - The Worst Mistake You Can Make When You Apply to Rent a Home
A whole new class of people has become renters and potential renters in America during the last thre - State of Individual Real Estate Markets
Everybody is well aware of the hit that the real estate market has taken over the past three years. - Thoughts on Avoiding the Landlord Trap
I've heard several people say they would never invest in a multifamily rental property because they - An Idea to Increase the Bottom Line of Your Investment Property
Are you pretty sure that you've already maximized the income coming from your property? If you've cl - Finding the Value of a Piece of Investment Real Estate
There is a lot of confusion about how much investment property is really worth. We'll look at three - Arkansas Land For Sale - Search Engine Optimization and Your Website
If you have Arkansas land for sale and are interested in advertising it on your website I have a few
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t