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Market Value Analysis
Market Value Analysis: How Much is My Home Worth?; Real Estate Market Conditions; Property Type, Lot Size, Home Age, Basement, Lakefront Property
VIP Realty serves homeowners throughout Central Indiana. If you have a home for sale in Indianapolis or the surrounding communities, such as Carmel, Fishers, or Zionsville, VIP Realty will work day and night to ensure that every possible tactic is employed to sell it as profitably and quickly as possible.
Market Value Analysis: How Much is My Home Worth?
Before you can sell it, however, you need to know how much your is worth under current market conditions. While you may think you have an idea of your home's value, it is important to remember that a home is only worth what someone else is willing to pay for it.
Home prices can fluctuate as the market changes from a seller's to a buyer's market, or vice versa, or as interest rates rise or fall, the actual value of your home is based on a number of specific factors when being appraised.
Factors used to determine the value of a house in Indiana include:
- Property Type - Single Family, Townhouse, Condo, etc
- Levels - single, split, two-story multi-level
- Square Footage - internal dimensions
- Age of Home
- Lot Size - land the house sits on; zero lot line to multi-acre
- Lot Amenities - is it on a cul-de-sac, a golf course, lakefront, river-front, wooded area
- Basement - unfinished or finished, access to outdoors
- Number of Bedrooms
- Number of Bathrooms
- Additional Amenities - swimming pool, tennis court, guest house
Market Value Analysis: Don't Guess, Know the Real Value
At VIP Realty, we take all these factors into account when analyzing your home's value on the current market. We also perform a competitive market analysis to determine recent home sale in your area, the types of homes being sold, how long they took to sell and what they have sold for.
Utilizing all this criteria, and our familiarity of the market, we can give you an accurate picture of your homes current value, and make recommendations as to what initial asking price to set that will make your home as visible and saleable as possible in the Indiana real estate marketplace.
If you would like VIP Realty to provide a Market Value Analysis before you sell your home, please fill out the form below as completely as possible. We will respond promptly to your request.
For more information about how VIP Realty can help you determine the value of your home in Central Indiana, call Tammy Bookout at (317) 345 - 8269 , or send Tammy an e-mail, or submit the Request for Information form on the Contact Us page.
Home Market Valuation Analysis Request