A majority of the time, those online real estate valuation systems are way off the actual “able to sell for” price.
This is because of two primary reasons.
Those systems are using bad data. Most don’t have the “real MLS” feeds and are unable to see the “sold prices” as recorded therein.
Secondly, there is no “top real estate salesperson” that is local to your area, that knows and understands the details of the current real estate sales/buying cycle, conducting personal research on your home.
Those are two pretty big reasons why the online estimates of value fail most of the time.
When we get the answer to the question, we get a lot, “How much is my Santa Clarita home worth”, we make sure we give complete market data to support our home valuation.
Also – being local is really a must. When we are asked to exceed our Local market and evaluate real estate, let’s say 60+ miles from our home, we always explain to the sellers that we will try, but don’t know their local market.
Those internal factors, such as buyer demand are paramount to a well done and accurate Home Valuation process.
Here is the first of two steps in getting the answer to the question of, “What is my Santa Clarita home worth”.
Thanks for using another GREAT Resource by REMAX of Santa Clarita’s Paris911 Team.