Selling your home is a major decision that will have long-lasting effects on you and your family. That is why it is so important to have all of the most accurate information available when making this choice and for helping you to achieve your home selling goals. When you want to sell fast and get top dollar, it is essential that you know exactly what your home is worth.
Our realtors with The MEandANG Team at Your Home Sold Guaranteed Realty Specialists, are well-versed in all aspects of the home selling process, and we know exactly how important it is to know the current market value of your home. Without accurate information concerning your house, you may be under or overvaluing your home, and this could result in the house sitting on the market for many months without any interest from home buyers.
By utilizing the latest technology and the most updated information concerning your house and the market, we can guarantee that our value estimate will be accurate. When you are able to list your home at the right price which is fair and profitable, you are much more likely to be able to sell it quickly.
Why Is an Accurate Home Valuation Important?
When you meet someone for the first time, you likely want to make a good first impression. Your appearance and attitude will be the factors that determine if your impression on an individual is a good one or not. The same is true for your home. When a home buyer comes across your listing on the market, you have one opportunity to make a good first impression. The best way to do that is to have a listing price which matches expectations and is based on current market trend information. If it is too high or too low, home buyers will likely move on to the next listing.
When you calculate your listing price, it is an important process that cannot be taken lightly. It should be based on the current market as well as various aspects of your home. While you may remember what you originally paid for the house when you bought it, that price may not reflect the current market or your home’s actual value. That is why you need to have a home valuation completed before you list it for sale.
If you get this professional home valuation completed, you can rest assured that the price you have listed for the home is fair, reasonable, and will make you a profit. Remember, home buyers will search the market looking for the right home, and they will have compared your home to others in the area which have been listed and/or sold recently. That is why it is so important to make sure your home is listed for a price that reflects its current market value.
HouseSigma Home Values in Richmond Hill Explained
HouseSigma has become a go-to site for those looking to buy or sell a home because it is one of the most convenient ways to search for homes on your own. It also has a special tool for home sellers called the HouseSigma home valuation. This is a proprietary tool that provides homeowners with a way to estimate the value of their homes. It mostly relies on publicly available and user-submitted data to make its value determinations.
When homeowners want to keep track of their homes’ values in an ever-changing market, HouseSigma is a great way to do so. It can also be used to help you make a decision about selling your home now or in the future. Although this is a fantastic starting point for potential home sellers, it should not be the only tool you utilize from your tool belt, especially for determining an asking price.
What Factors Are Considered in HouseSigma Home Values in Richmond Hill
Wondering how the HouseSigma works when it comes to figuring out HouseSigma home values in Richmond Hill? Basically, the algorithm that HouseSigma uses takes all of the homes located within a certain postal code, bundles them together, and then averages them out given certain parameters such as single-family homes with approximately 2,000 square feet and 3 bedrooms. That average is the value HouseSigma gives for a home that meets those criteria.
HouseSigma home values in Richmond Hill do not factor in specifics for your individual home which could raise or lower the value. As an example, the algorithm will not consider such things as home improvements or upgrades that have been made, renovations or additions, neighborhood turnovers (high selling neighborhoods have more recent data to incorporate into the algorithm), or the conditions of the neighborhood itself. Even though these factors can significantly increase or decrease the current market value of your home, HouseSigma cannot account for them like a trained realtor can.
Are HouseSigma Home Values in Richmond Hill Accurate?
As we have said, the HouseSigma home values in Richmond Hill are a good starting point for your pricing process, but they are not necessarily 100% accurate. HouseSigma relies on comparable homes which have been recently sold and does not even consider potential price surges that have happened. All of this combines to form a less accurate picture.
In fact, the FAQ page on HouseSigma’s own website states that the “median error rate for on-market homes nationwide is 3.2%” and the error rate for off-market homes is 7.52%. Sure, these percentages may seem small, but they have the potential to add up to major losses in the real estate market unless you confirm the estimate from HouseSigma with a realtor.
Why Get an Expert Home Valuation from an Experienced Realtor?
If you are simply looking for a ballpark estimate for the market worth of your home, HouseSigma home values in Richmond Hill are a great beginning. However, you must remember that these values do not incorporate specifics that can increase the value of your house. Getting the most accurate value estimation requires a knowledgeable and reliable source that can take everything into consideration.
Realtors such as ours with The MEandANG Team at Your Home Sold Guaranteed Realty Specialists, can do exactly that. We work diligently to provide you with the most accurate information about the value of your home in Richmond Hill by incorporating those specific aspects of your house and neighborhood into the estimate. We are all local, so we understand the area and can use factors that HouseSigma simply does not have access to with the basic algorithm.
Our team will show you the comparables that we have gathered, the data we have used to determine the value estimate, and the asking price you could reasonably expect to get when listing your home for sale right now.
Contact Us for an Accurate Home Valuation in Richmond Hill
Have you decided to sell your home and want to make sure that the HouseSigma home values in Richmond Hill are correct? Be sure to work with expert realtors such as ours at The MEandANG Team with Your Home Sold Guaranteed Realty Specialists Inc., Brokerage to get peace of mind that your home worth is accurate. Our home valuations are reliable and accurate because of the information we use to determine them. With our valuations, you can set your listing price and expect to get interest from home buyers.
We would love to speak with you about your home selling journey, so give us a call at (905) 503-7653 or fill out the form below with the requested information to get a detailed response from one of our realtors. With our team on your side, we guarantee you have the most accurate home value information and that you get the best possible home selling experience. Contact us today!