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The best way to determine the value of your home is by using a professional Real Estate Agent who specializes in real estate sales in your town.

A professional realtors job is to maintain an intimate knowledge of your town, your neighborhood, homes on the market and homes that are sold.  They also usually have inside knowledge as to changes that may be occurring in the area that would affect the value of your home.

Your real estate agent will use this knowledge and their resources to provide an accurate market value you for your home by comparing your home to other homes of a similar size, condition and style that have sold within the past several months and that are currently on the market.  Real estate agents keep on top of all of the local listings not just their own or those coming out of their particular office.  They visit the open houses and review listings not only to help buyers find a new home but to help sellers make sure they are setting their home price at a competitive value to other homes in the area.

There are several websites such as Zillow and Trulia where you enter your address and they calculate the value of your home based on your address.  This is fine to use as a starting point but the computer calculations used to come up with the value do not take into consideration the age of your home, the style of your home, the condition of your home or upgrades you have made.  These sites simply generate the information based on statistics and they do not provide true comparable sales prices that you get through your real estate agents diligent research.

When looking at the comparables your Real Estate Agent provides you it is important that you make sure you look at the sales dates, square footages, updates, age of home and neighborhoods to ensure that the information is up to date and truly comparable to your home.

 

Although real estate websites may be a starting point for a ballpark home value they do not take many factors into consideration and cannot be relied upon as heavily as a market report provided by a professional realtor.  Most realtors do not charge for this service so it is worth the time to reach out and request a market value report from your favorite real estate agent before trying to estimate home value on your own.

 

We specialize in home sales in   http://www.pinnaclehouses.com/areas/wellesley-ma-real-estate ; http://www.pinnaclehouses.com/areas/weston-ma-real-estate ; http://www.pinnaclehouses.com/areas/dover-ma-real-estate ; http://www.pinnaclehouses.com/areas/needham-ma-real-estate ; http://www.pinnaclehouses.com/areas/natick-ma-real-estate

If you are thinking of selling your home, please visit our website  www.pinnaclehouses.com   , email homes@PinnacleHouses.com us or call us at 781-237-5000.

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