Assessing the value of real estate property is important to a range of undertakings, such as listing homes for sale, property insurance, evaluating an investment, and more. For most people, figuring the asking price of a home is the most useful application of property valuation. Benefiting the seller and buyer, a property valuation can help in determining the current value of a property in an open and competitive real estate market.
What is a property valuation?
A property valuation is a professional opinion of the current market value of a given property. A broker or agent will take into account many factors including the number of bedrooms and bathrooms, square footage, floor plan, amenities, lot size, location, condition and nearby sales.
When do I need to get a property valuation?
The most common time you will hear people discussing house valuations is when selling a house, or before making an offer.
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Most of 2016 offered the same monthly housing market highlights. The number of home sales was up in year-over-year comparisons, along with the days on market and months of supply. Meanwhile, sales and prices were up in most markets. Unemployment rates were low, wages improved and, as the year waned, we completed a contentious presidential election and saw mortgage rates increase, neither of which are expected to have a negative impact on real estate in 2017.
The overwhelming feeling about prospects in residential real estate for the immediate future is optimism. There are certainly challenges in this market, like continued low inventory and higher competition for those fewer properties, but opportunities abound for hardworking agents and diligent consumers.
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* The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.
Private location at the end of the cul-de-sac with lots of trees! The land extends to the north in the wooded area. This 3-bedroom, 2-bath half duplex has all the features of a single family home.
The spacious great room features vaulted ceiling and a beautiful fireplace.
The large master bedroom comes with an ample walk-in closet.
The kitchen has a generous amount of cabinets.
The two-car garage completes the homelike feel and there is also plenty of storage.
There’s a lot more! Roof and carpet are new. New wood tone laminate flooring with handscraped look. New kitchen sink and faucet. New vanity top in hall bath with new sink and faucet. Newer refrigerator. One year old water heater. Newer 2-inch faux wood blinds on the front windows.
It can also be packaged with 933 Fontana (same floor plan) or purchased as a single unit.
Keller Williams Realty