Your Value - Simplified

Curious how much your home is worth? Who isn't? Everyday I get emails from people curious about the value of their home.

Here are some things to know:

- What homes are listed for are not considered comparables & do not determine YOUR homes value. Tey can however help you strategize your placement on the mls.

- What the Builder is selling homes for, especially brand new is usually not considered either.

- Licensed Real Estate Appraisers usually only go back 3 months when searching for "comps."

- Values are neighborhood specific. Master-planned communities versus communities with golf courses will certainly have a different price range.

- Lot Value means the land is worth MORE than the home itself.

- Your FINANCED upgrades by the builder are NOT worth what you paid! Builders almost ALWAYS charge 2-3 times as much to add enhancements.

- Your tax assessed value in most cases is NOT what your home is worth!

- Pools in Houston ADD value, despite what you hear on tv.

- Only a Licensed REALTOR® has access to comparable sales. VALUES you find on automated websites do not have access to the MLS comps. "Area Sales" can be very deceiving.

- Only a Licensed REALTOR® knows how to correctly formulate a good list price for your home.

Every market is different!