Home Selling in 21244>Question Details

Mary Jeffords, Home Seller in Windsor Mill, MD

what's my house worth? How do I find out?

Asked by Mary Jeffords, Windsor Mill, MD Fri Feb 20, 2009

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1 vote Thank Flag Link Fri Feb 20, 2009
Well, whatever you do don't use Zillow.com, they average empty lots in with rentals, in with houses. I am apalled that anyone uses them as a source for home values. Trulia is a little better, on average. Don't base your homes evaluation on what you paid, it has to be measured against what has sold in your neighborhood, with similar houses. A good realtor can give you an evaluation for free. You could also hire an appraiser. They can only use houses that have sold within 6 months or so. You can guess that your house is worth at least 20% less than it was a year ago... everything else being equal.
1 vote Thank Flag Link Fri Feb 20, 2009
I would say the first thing to do is to have an open mind about the market. It has changed , so expectations must change as well. I would highly recommend a few options, such as an online market analysis from a real estate professional or even better have a realtor meet with you to look at your home then; the upgrades, maintenance, staging, etc. would be taken into consideration. Even with many property improvements the price can only bear what the market will accept, but a great looking home (priced correctly) will move quickly! Call me if I can assist!

Brenda Lane-Oliver, Realtor, CRS
Long & Foster Real Estate, Inc
(410) 299-4800
1 vote Thank Flag Link Fri Feb 20, 2009
Hi Mary,

The best way to determine what a buyer might pay in your market area is to have an experienced professional Realtor provide you with a Competitive Market Analysis. The analysis lists comparable properties in your area that are currently listed and properties similar to yours that have recently sold.

Feel free to contact me at info@gatewaytohomes.com. I will have a Realtor contact you to prepare a Competitive Market Analysis for you. You are under no obligation for this service.

I look forward to hearing from you.

RoseAnn Cudia, CRP, GRI
1 vote Thank Flag Link Fri Feb 20, 2009
This is a good question. There are many methods of determining your homes current market value. You could contract an appraiser and pay a fee for the service, contact a realtor and request a Competitive Market Analysis or search the web for one of the many sites “designed” to present you with the current market value of your home. Your motivation for knowing the value will play a part in your chosen method of discovery. Take into consideration these few factors; How knowledgeable of your specific area is the appraiser, realtor and or site contact? Is the value determined based on general computer searches of your surrounding area or has a detailed analysis of your properties market been conducted? Has the preparer physically viewed your property for condition, amenities and updates? Has the preparer discussed with you personally your motivation for the inquiry? This can be a determining factor regarding sales price establishment for example.
There is a good bit of information available to you from resources such as the National Association of REALTOR®S, The Maryland Association of REALTOR®S and other professionals in the field. When reviewing information it is always a good idea to consider the source.

Here are some links to get you started:
HUD at: http://www.hud.gov/selling/index.cfm
National Association of REALTOR®s: http://www.realtor.org/
Maryland Association of REALTOR®s: http://www.mdrealtor.org/
1 vote Thank Flag Link Fri Feb 20, 2009

If you are seeking an accurate valuation that comes with the highest level of confidence we recommend having an appraisal done.

It may cost you a little money but people generally place a high level of trust in an appraisal.
0 votes Thank Flag Link Fri Feb 20, 2009
Hi Mary,
There are several ways to answer that. You can contact me and i can doa market analysys or you can go to my website http://www.kevinwillner.com and go to "What's My House Worth"
0 votes Thank Flag Link Fri Feb 20, 2009

Jon Tucker with RE/MAX 100. Like the others, I can offer you estimates of value. I am a HouseValues.com certified valuator for the west side of Baltimore County. I am about to list a home in Windsor Mill 21244 on Wrights Mill Road, so I am very familiar with your area. I have had several transactions in that area in the last year.

I can offer an online/blind valuation, a walk through valution, and/or have an appraiser come out for a bank level detailed valuation.

I would love to work with you when you are ready. Jon Tucker, TuckerRealty@comcast.net
0 votes Thank Flag Link Fri Feb 20, 2009
Hi Mary,

My name is Lisa Devnew with Coldwell Banker in Owings Mills. Windsor Mill is one of the top areas that we service and I am quite familiar with it. If you would like to send me your information, I would be more than happy to determine a value for you. Best of luck to you!

Lisa Devnew
0 votes Thank Flag Link Fri Feb 20, 2009
I would be happy to assist you further and provide you with a tailored Competitive Market Analysis important to assist you in reaching your goals. Feel welcome to contact me anytime. Check out my profile for contact information or visit my website: http://www.RealHomePride.com or http://lisanordan-haller.lnfre.com
0 votes Thank Flag Link Fri Feb 20, 2009

Please give me a call at 410.977.5252. I can provide you with a CMA. Or visit my website, http://www.ilovebeingarealtor.com to get more information.

Donna Spare
0 votes Thank Flag Link Fri Feb 20, 2009
I would be glad to help you with this. I will do a FREE CMA on your home. If you wish contact me at 443-992-3608. This will be a starting point for listing your home.
0 votes Thank Flag Link Fri Feb 20, 2009
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