Great question, Ann! My initial response is "why are you selling your home"? (what's your motivation, goal, etc.) The absolute first step in moving forward is mapping the entire process of listing your home, getting it sold, packing, moving and finding another place to live.
If you are committed to selling your home, NOW is the best time...Buyers are in the market year round, interest rates are historically low and spring will bring a higher inventory of home...more competition.
i would highly recommend interviewing a few agents to get a comfort level with their knowledge of your LOCAL market, your confidence in their ability and motivation and what the two of you can do together to accomplish your goal.
Please feel free to contact me for a no obligation consultation of your home. We'll discuss, in detail, everything we need to do to get the highest sales price in the shortest amount of time. I'll guide you through the necessary tasks to get your home in marketable condition so that it is "the shiniest apple in the bowl that gets picke first!"
You can find out more about me and my firm by visiting my website www.MarkAnthonyRealtor.com
Allen Tate Realtors
"Your Trusted Advisor in Real Estate"
704/796-5195 mobile... more
This is a great question, however tax value and market value are not related. The tax value is how much the city/county want to get you to pay them. If they raise the base tax amount people would be upset and this could affect people living in Cabarrus County/Concord etc...If they just raise the tax value of your home, you really can't do anything about it. It is their way of getting money from you.
Market value is how much your house is worth in the real estate market right now. This number comes from recent sales and homes on the market. This is what the appraiser is going to look at when placing a value on your home.
A good example of tax values and homes sales as follows.
I took 6 homes in the same subdivision. All are the exact same floorplan and all built within 1 year of each other. I looked at each tax value and found that each home had big differences in tax values some up to $50,000 different. This is crazy. It depended on who did the tax valuation at that specific time. Now all the homees that I took had sold over the past year. Each of these homes sold for far less than their tax value and all had essentially the same price per square footage sales price give or take a few thousand.
Don't get caught up in market value and tax value, however you will want to know if your tax value is really high as you may wish to find another home that has more reasonable taxes.... more