If you live in the Sacramento Metro, finding out how much your home could be worth is as simple as filling out a few quick questions!
Just fill out the short form below, and you’ll receive a follow up with information about your property’s value.
Automated Valuation Models (AVMs) are computer algorithms that use statistical models and real estate data to estimate the value of a property. AVMs are commonly used by lenders, real estate agents, and appraisers to quickly and accurately determine the value of a property. The models take into account various factors such as the location, size, age, and condition of the property, as well as recent sales data of similar properties in the area.
You should check your home’s value regularly to stay informed about its worth in the market. The frequency of checking can vary depending on your personal preference, but it is recommended to check at least once a year. This will help you keep track of any changes in the market and make informed decisions about your property. Additionally, checking your home’s value regularly can also help you determine if it’s the right time to sell or refinance your home.
A Comparative Market Analysis (CMA) is an evaluation of comparable properties in a specific area to determine a realistic price range for a property. It takes into account various factors such as location, size, age, condition, and amenities. The purpose of a CMA is to help sellers determine a fair listing price and to assist buyers in making informed decisions about a property’s value. Real estate agents typically prepare CMAs for their clients to help them make informed decisions about buying or selling a property.
A home’s value is calculated by considering various factors such as location, size, age, condition, and comparable sales in the area. The location of the home plays a significant role in determining its value, with homes in desirable neighborhoods or close to amenities having a higher value. The size of the home is also important, with larger homes typically having a higher value than smaller ones. The age and condition of the home are also taken into account, with newer and well-maintained homes having a higher value. Finally, comparable sales in the area are analyzed to determine the fair market value of the home.
Yes, Sacramento area homes have been increasing in value. According to recent data, the median home value in Sacramento has increased by 10.2% over the past year and is predicted to rise by another 7.6% in the coming year. This trend is in line with the overall growth of the California housing market.
Free Home Value Provided by Mark Fuller Real Estate, exp REALTY, CA DRE #01734946