Home Value Estimator
If you are just beginning to consider selling your home in New Braunfels, Texas, the first thing you’ll want to know is “what is my home worth?” For this, you can start with a simple Home Value Estimator with this free real estate home valuation estimate on what your home is worth.
Of course, you love your home. Selling your home will be a difficult decision to make, as it is hard to step back and look at your home with an unbiased eye. Five factors* determine your home’s value, and we’ll outline those below:
- Location, location, location! A great house in a bad location can decrease its home value as much as 50%. Also, if yours is the biggest, best-kept home in your mid-range neighborhood, your home’s price-per-square-foot will tend to be less than if it were the smallest home in a top-range neighborhood. It’s also important to note how close freeways, landfills, shopping centers, etc., are to the home, as all these factors play a part in your home’s value.
2. Outdated Construction, Appliances, and Decor If your appliances are over 15 years old, if your carpet has not been replaced since the ‘80s, your home may appraise at up to 10% less than if you had updated them. Consider replacement costs versus allowances when placing your home on the market.
3. Renters Has your property been a rental home? Are the homes surrounding yours rental properties? Often, renters do not maintain a home as an owner would, and this can decrease the value of your home.
4. Major Upgrades Buyers don’t want to pay for major unnecessary upgrades to a home. If you have recently upgraded your plumbing, replaced your roof, or installed a pool, it’s wise not to count on that increasing the value of your home. If the upgrade is necessary (i.e., a 40-year-old failing roof), it’s important to do it, but if a thorough repair can be made instead, that is your best route to get the most out of your home’s sale.
5. Fencing The largest buyer-pool consists of families with children and pets, and they want a safe, enclosed place for both to play. If your home does not have a fenced-in backyard, consider installing one prior to listing. Or, if your fence is in disrepair, this is the time to have it fixed or re-stained.
Though so many things can decrease your home’s value that are out of your control, some simple things can increase it. Make your house as bright and appealing as possible with as much natural light indoors as you are able to bring in. Keep your lawn trimmed, place pots of greenery at your front door, hang a wreath, and pressure-wash your porch and driveway to make a great first impression. Hire a top real estate agent such as Dawn Loding of The Loding Group at The Loding Group in New Braunfels, Texas, and she will provide a one-hour consultation with a professional home stager at no charge to you in order to help you get the most out of your home’s value! Call Dawn Loding at 830/481-7580 today, and click here to find your home’s value NOW!
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