Then don’t rely on an automated valuation tool, like Trulia or Zillow’s Zestimate. These online tools can be wildly inaccurate. A recent study showed that less than 50% of homes sold in an area even got close to their Zestimates.
The value of your home depends on a number of different factors, like location, size and layout, upgrades and negative events.
To get to true value-what you can actually sell your home for-you need to have the pulse of your market. What did homes in your area actually sell for in the last 90 days? What features does your local demographic demand? How does the age of your home impact value in your market? These are just a couple of many local insights you need to price your home.
The most accurate valuation comes from someone who knows your market. Lenihan Sotheby’s International Realty knows Louisville. We’ve been here for years, helping people buy and sell homes in Louisville.
Want to know the true value of your Louisville home? Contact Jon today!