San Diego Home Value

“Hi Gary. I want to figure out how much my home will sell for. Can you email me some comps?”

***ANSWER:
I’d be happy to, but…

By themselves, comps (sold homes comparable to yours) aren’t enough to correctly determine your home value. They need objective interpretation and adjustments.

I can’t tell you how many of my clients only used neighborhood sales prices to get an idea of their home’s value.

When I say prices ONLY, I mean they didn’t know, didn’t adjust correctly for, or flat-out ignored:

- location
- home size
- usable lot size
- # of bedrooms
- # of baths
- floorplan
- view
- garage
- condition, curb appeal, design, interior appeal
- changes in the market over time
- etc.

If you’re selling your home, knowing the correct value and optimum list price is critical. Don’t do it on your own unless you’re merely curious.

(Of course, if you’d like to know your home value, give me a call at 858-457-KENT. I may even be able to give you a rough idea over the phone.)

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