You’ll know when to sell and when to stay –
Sometimes when the market is the best it’s been in a very long time, it might be time to finally put it up for sale like you’ve been back and forth about. If that’s the case, hearing from an agent that your home would sell for top dollar, is maybe the last piece of the puzzle you need to finally make the decision. Knowing the value of your home is just as important as knowing the value of all of your other assets, especially as the market stars to fluctuate. Also, having an experienced broker is key in selling your home for the highest price.
You’ll be able to maximize your list price –
Overpricing your home, especially more than your agent thinks you should list it for, can be damaging in the process of selling your home. You lose interest from potential buyers because you out-priced them as soon as they noticed your home on the market. Your home will also sit on the market much longer than it needs to. The longer it sits on the market the more people will be hesitant to buy or even tour your home because they will be wondering why it hasn’t sold yet.
Anything can happen –
You never know what kind of situation could come up with your family. Maybe a new job to relocate to or just getting tight on money and needing to downsize, you might have to end up packing and leaving at some point quicker than you expected to. It will give you more peace of mind to know what the value is and what you’re working with when it comes to getting all the money you need out of your current house so you can purchase your new home.
Whether you’re staying or selling, knowing the value of your home can be very beneficial. You might be selling your home, refinancing, making improvements, or getting a line of credit, you should always be-in-the-know.
If you’ve been thinking of doing any of those things with your home, i purchased access to an up-to-date Central Oregon home sales estimator tool that tells you what price your home will sell for based on neighborhood sales data.