“Hi Char, I saw the house down the street is for sale. I was wondering what my home is worth?”
Yup, we get a LOT of these phone calls in the office these days. Our Olathe homes for sale are doing well – but how does it affect you?
Knowing the current value of your home is important when you’re considering a move, refinancing or getting a home equity loan. Prices are determined by recent sales and the supply and demand of current inventory.
The process of selecting comparable properties involves matching similar features like bedrooms, baths, square footage and updates. In addition to price, there are other factors that affect the value and ultimately, the sale of a home.
Location plays a significant role because of the unique combination of improvements and land. Beneficial considerations would be convenience to schools, shopping, transportation and proximity to freeways. Undesirable concerns could include being in the vicinity of busy streets, high-tension lines, commercial property and other things.
To receive a computerized estimate on the value of your home that includes prices of comparable homes that have sold recently and homes currently for sale, click here.
Value is not totally objective and does require a certain amount of subjective considerations. If you have questions after you receive your report by email, contact The Char MacCallum Real Estate Group at 913-782-8857 and we’ll be happy to talk to you about your estimate. You can also browse current homes for sale on our website www.findkansascityrealestate.com