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What's My Home Really Worth--- The Question We All Want Answered!

There are really just two major considerations when you determine the appropriate value for your Williamsburg VA property: market value and appraised value.
This is where many people get confused on value--- So many people will say, “The assessed value is X, so that is what it is worth”. This is so not accurate. Many times a house will sell more than the assessed value as the assessed value is what the city/ county taxes you on. I’ve seen houses sell 30,000 over their assessed value and no one wants to leave money on the table. Do you? I didn’t think so!
So let’s go back to the two values I was talking about earlier!
Market value is the value that a buyer…today…is willing to pay for your home. The most effective way to determine market value is to look through the prospective buyer’s eyes---they are the ones you need to impress. Positioning your home properly among competing inventory is a critical step, and it’s important that your agent devotes the time necessary to study current m…

Thought For The Day

We should all thank our lucky stars that this is true. Happy Thursday!


Comments

  1. When I saw this quote on Pinterest, I really loved it. I'm happy you shared it on your blog so more people can see it :)

    xo
    Rachel

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