Home Estimate – Farmington valley real estate, Farmington valley realtor, top realtor Farmington valley
Santa Realty will provide you with a range in which we feel the market will value your home based on sales within the last 6-12 months. Depending on the current state of the market, there are several factors that go into determining the value of your home:
Comparable Sales: Appraisers today pull data from properties that are similar in comparison to yours that have sold within the past 3-6 months. There are occasions where they have to go beyond that timeframe due to lack of sales in some towns. We are not licensed appraisers, however At Santa Realty we will spend the time with you 1×1 providing you with all of the data and how it relates to the pricing of your home.
Improvements: Appraisers also factor in the improvements that have been made to your home in relation to what is determined to be the “average” home. We can help you determine what value specific improvements could have on your home.
Land: Land is one of the most difficult pieces to attaining value. 10 acres could be valued at what one-acre is valued at in the same town, so each parcel is viewed differently with several variables.
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Using the search below can be accurate, but more often there are discrepancies in value due to property condition, location, foreclosure/short sales, and local knowledge. For instance, a home could be in complete disrepair inside, but the home estimate from this website factor the value of the home based on what is listed in the town record: Square footage, lot size, and comparable sales. The site would have no way of knowing what the interior value of the home is.