Want accurate home values in Stetson Hills? Without the most accurate information, you could either have a price that is too low or too high. To sell your home fast and for top dollar, you need a price that is going to gain the attention of the most homebuyers possible.
So, how do you find more accurate home values in Stetson Hills? Taking an educated guess can lead to disaster. Basing your selling price on what you originally paid for the house can potentially put your price at thousands less than what you could ask. That leaves you with two popular options: working with a realtor or using Zillow. One is foolproof while the other is highly suspect. Follow along as we take a deep dive into the benefits of using a realtor over Zillow.
How Does a Realtor Determine More Accurate Home Value in Stetson Hills?
At Your Home Sold Guaranteed Realty - Barb Has the Buyers Team, we take the guesswork out of valuing Stetson Hills homes. When you use our services, you can rest easy knowing that the price is accurate and will net you the most profits. We know how important accurate information is and you can rest easy knowing that your sale price will get the most attention from prospective homebuyers. After all, our role is to take on the hard parts of selling a home so you can focus on the move!
If you are wondering how our realtors can determine your home value, the process involves a competitive market analysis (CMA). This uses information including the property’s location, the condition of the house and lot, and the current housing market in Stetson Hills to figure out your home’s value on the local real estate market. There are a number of factors that will be considered in our valuation process, including:
- Age of the home
- Square footage
- Number of bedrooms and bathrooms
- Recent updates or renovations
- Other factors specific to your home
These points will be combined with information about recent sales of similar homes in your area and current market trends. With all of this data, a realtor can give you a more accurate home value in [Stetson Hills] than other online tools such as Zillow.
What Method Does Zillow Use to Determine Home Worth in Stetson Hills?
A very popular method used by home sellers all over the country for estimating their home’s worth is the Zillow Zestimate. It is a proprietary tool that offers users a free and instant estimate of their home’s value. The algorithm uses data including:
- Public property taxes
- Tax records
- Recent home sales in the area
- Listing price
- Days on market
- Market trends
- User-submitted information
- Add-ons like bathroom, bedroom, garage, or pool
- Corrections to public records (3 bathrooms instead of 2, for instance)
This data is fed into the Zestimate’s algorithm and produces a value that can be used to help you determine a reasonable asking price for your home.
Which Provide More Accurate Home Values in Stetson Hills: Realtors or Zillow?
When it comes to the accuracy of the home values you receive from realtors and Zillow, there is definitely going to be a clear winner. Realtors can access records and dig into information that may not be readily and publicly available for online estimation tools such as the Zestimate. They also have the most up-to-date information about the current trends in the localized real estate market and can adjust the value accordingly.
As far as the online valuation tool is concerned, Zillow states that “Zestimates are generally quite accurate” and the “median error rate for the Zestimate of U.S. houses on the market is just 1.9 percent.” It does note that off-market homes have a larger median error rate due to the lack of data publicly available on the home.
It is also worth noting that certain counties and cities have more or less publicly available information concerning home size, features, age, and other data points, so certain areas may get more accurate value estimates than others. In metro areas, the Zestimate for on-market homes is usually “within 20% of the actual selling price.” To be fair, 20% is a large margin of error.
Our Realtors Guarantee You Have More Accurate Home Values in Stetson Hills with Us!
Have you and your family decided that you may want to sell your home in the forthcoming months? Be sure that one of your first steps is to find a realtor who can give you more accurate home values in Last Vegas than online tools such as the Zillow Zestimate. At Your Home Sold Guaranteed Realty - Barb Has the Buyers Team, our team of realtors is dedicated to your home selling success, and we want you to get top dollar for your home.
To ensure we can help you achieve your home selling goals, we will make sure your home value estimation is as accurate as possible. If you want to learn more about home values from realtors and Zillow or to get started on your home selling journey, give us a call at Your Home Sold Guaranteed Realty - Barb Has the Buyers Team or fill out the form below with the requested information. We look forward to hearing from you and helping you achieve your real estate goals in Stetson Hills!