The Secrets to Finding the True Value of Your Kansas City Home



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How do you find out what your home is worth? There are many ways, but today we want to focus on a few best methods for finding the true value of your home.

The first thing you need to do is identify your X-factors. Look at three homes that have sold recently that are most similar to your own. The price those homes got per square foot is one crucial X-factor. Another one is the current supply and demand of buyers and sellers for homes like yours in the market today. If you miss the market, and your home isn’t priced in the sweet spot, your home could sit on the market and, ultimately, expire.

Next, you need to hire a local specialist to help you. In order to find a great agent, you need to ask the agent you interview the right questions. For one, you want to figure out their track record. Ask how many homes they sold last year and look online at their reviews to see if they are as good as they say they are. Make sure they are in-the-know and capable of getting as many eyes on your property as possible.

When selling in the Kansas City area, it’s crucial to get the opinions from experts. If your home is a unique property and there aren’t three comparable sales in the market, it may be difficult to come up with a price on your own. It’s only about $400 to get an appraisal and we often encourage our clients to do it. Being educated on the value of your home is a very important factor when selling, and an appraiser can be a very valuable part of that process.
Buyers are very educated nowadays. In fact, they are often better educated than sellers are because they are viewing many properties and they know what their money will buy them in the current market. This is why it’s crucial to price your home in the sweet spot; if it’s too high or too low, the right buyers might never even lay eyes on your property.
If you have any questions about how you can put the perfect price on your home, or if you would like our assistance, please don’t hesitate to reach out to us. We would love to help you!