Curious about your Home Value? In the Twin Cities and surrounding counties Home Value is on the rise . What is driving this upward swing? You may hear the words “low inventory” as the cause. This refers to the current lack of homes that are active on the market vs. the number of buyers out looking to purchase a home. Simply stated the laws of supply and demand are driving the increase in home value. Market Statistics show the average sales price in January 2014 was $192,000 and by December 2017 that same home value was $246,000. Thinking of moving or just curious contact our team today for a free equity evaluation of your home. We are seeing buyer’s in multiple offer situations again creating a seller’s market. Your free equity evaluation or otherwise called a CMA shows the current fair market value of your home. Our team will look at the current market conditions “supply and demand” and comparable solds in your neighborhood as key factors in determining your home value. We will also tour your home and discuss any needed repairs or possible updates that would help you receive top dollar for your home. Part of our job is to ensure your home can be financed by the next buyer and this sometimes means small repairs such as pealing paint, leaky faucets and cracked windows among others. We also want to hear what your plans are going forward, are your dreaming of your new home or thinking about downsizing. Coordinating a sale with the future plans can be challenging so our team can discuss a few options to assist with this transition. Our goal is to always ensure our clients have a smooth sale, and receive top dollar with the shortest market time possible.
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