Anyone who has ever attempted to sell a home knows that there are a wide variety of factors to consider and lots of details to keep in mind. One of those factors is the asking price that you will put in the real estate listing. This price is not something to be taken lightly and should be carefully considered using all of the most updated and accurate information available. A great way to ensure that you have the right information about the true market value of your home is to have a professional home valuation completed.
These home valuations can be tricky, especially if the company completing it for you is not using the right data. When you work with our realtors with The MEandANG Team at Your Home Sold Guaranteed Realty Specialists, you can rest assured that we will only use the most up-to-date information about your home and the current state of the real estate market. We know that this is highly important because the asking price may be the reason that a potential home buyer shows interest in your home or moves to the next one on the list.
Find Home Selling Success with an Accurate Home Valuation
In order to determine a fair, reasonable, and profitable asking price for your home, the valuation process is necessary. It will take into account all of the important factors that contribute to your home’s overall worth so that you can then calculate the right listing price. This listing price will likely be the first thing a home buyer looks at with your home, so it is your responsibility to make sure it makes the right impression.
If your home is priced too high or too low, based on inaccurate information in the home valuation, home buyers are likely to turn away. Without interested home buyers, your house will simply sit on the market waiting for you to either remove the listing entirely or dramatically reduce the price. That is why it is critical that you rely on professionals to provide you with the most accurate home valuation.
Some home sellers actually use the figure that they paid when they originally purchased the home. This is definitely not the way to go. This price will likely be far too low, compared to today’s market, and will end up costing you money. Home buyers will be looking at comparable homes in the area, so they will know what to look for as far as price is concerned. If your house is too far outside of the reasonable range, they will continue looking. And that is why it is so critical to have a price that reflects the current market value.
The Ins and Outs of HouseSigma Home Values in Vaughan
In the real estate industry, HouseSigma is considered a very valuable resource for home buyers and home sellers. It provides a variety of great tools and helps individuals without experience in the market to feel more comfortable. One of the tools it offers to homeowners is the HouseSigma home valuation. This is a proprietary tool that provides homeowners with a way to estimate the value of their homes by utilizing publicly available and user-submitted data to make its value determinations.
With HouseSigma home values in Vaughan, you can make a more well-informed decision as to whether or not now is the right time to sell your home and have great starting points for your home selling journey. However, HouseSigma should not ultimately be the only tool you use, especially for determining your asking price for your home listing.
What Criteria Are Used to Determine HouseSigma Home Values in Vaughan?
If you have always been curious as to how the HouseSigma home values in Vaughan work, here’s a basic breakdown: 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.
It is important to note, though, that HouseSigma home values in Vaughan do not factor in specifics for your individual home which could raise or lower the value. Factors such 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 are not considered.
Who can account for these factors and make sure your home valuation is as accurate as possible? Our trained, local realtors at The MEandANG Team with Your Home Sold Guaranteed Realty Specialists Inc., Brokerage.
How Accurate Are HouseSigma Home Values in Vaughan?
Unfortunately, the HouseSigma home values in Vaughan are not as accurate as many home sellers would like them to be. They are a great first step to take in the home selling process, but you should not rely on them solely. HouseSigma home values in Vaughan rely on comparable homes which have been recently sold and do not even consider potential price surges that have happened. This forms a less accurate picture.
In its own words on the FAQ page, HouseSigma informs users 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.
Experienced Real Estate Professionals Can Give You Accurate Home Valuation
When you need an accurate valuation for your house in the current real estate market, it is vital that you rely on experts in the real estate industry. The HouseSigma home values in Vaughan are useful but not your only resource. Our team with The MEandANG Team at Your Home Sold Guaranteed Realty Specialists, is here to make sure that you are able to determine the best asking price for your house based on an accurate home valuation.
With our valuations, we ensure the estimated value is accurate because we are able to incorporate those specific aspects of your house and neighborhood into the estimate. Because we are all local, we understand the area and can use factors that HouseSigma simply does not have access to with the basic algorithm.
When you work with us, you will be kept well-aware and informed of everything we are doing. We will happily show you the data we have collected and used in the home valuation process, and we will work with you directly to determine the most reasonable and profitable asking price for your home.
We Can Get You an Accurate Home Valuation in Vaughan
Whenever you and your family are ready to sell your home and need an accurate home valuation completed, don’t just rely on HouseSigma home values in Vaughan. Be sure to connect with our realtors with The MEandANG Team at Your Home Sold Guaranteed Realty Specialists. We will provide you with the most accurate estimation of your home’s true market value and ensure that you can set the best asking price in your real estate listing.
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!