Page 4 - August 2019 Lakewood Edge

Q & A with the real estate expert
ASK ALLISON VAN WIG

What’s Your Home Worth?

Q my home A Dear Jake: Putting a Comparative Market Analysis. that a CMA is not a task to help you get the most
Dear Allison, I’ve
price tag on a home A
decided to sell
Comparative
Market you can complete through a bang for your buck and get
and
Analysis (CMA) gives you, DIY Google search; It must you on your way towards
you’re trying to sell
upgrade outside is a tricky thing. For starters, the homeowner, information be completed by a licensed real your upgrade. n
of my metro-area. The this property is your home— about houses similar to yours. estate professional.
thought of listing makes the place where you’ve spent Such similarities can include Once the analysis of your
me ask the question—what the bulk of your time, made size, amenities and location. home is complete, you’ll have
is my home worth? Over memories and put your It compares your home to a good idea of what the best
the past few years I’ve style into. No, not only is those that are currently on price for your home will be.
upgraded the appliances, it a large transaction, it’s the market, have sold, or were You’ll then be ready for a final
re-modeled various rooms personal. Pricing too low can listed and expired within a appraisal and to get your home
and landscaped, so I believe leave you with a pit in your reasonably recent time period, registered on your area’s MLS.
my home is worth much stomach and possibly a loss, so that when your home goes Remember that no
more today than it was while pricing too high can on the market, it is listed at the matter how priceless your
when I originally purchased result in languishing on the best possible price to sell. This kitchen remodel, re-finished
it. But, I’m not sure how market. analysis is one of the most basement or how welcoming
to determine what the new The best thing to do is sit important steps you will need the landscape, your area’s
value is based on those down one-on-one with one to complete as a seller. It’s ideal market makes or breaks the
updates, the property itself of our real estate professionals to have your Comparative value of each home and Allison Van Wig
and the current real estate and begin the valuation Market Analysis look back no determines the price that a (CA DRE #00985700) is the
market. What are the first process based on your home, more than three months when buyer is willing to pay. Owner of Van Wig & Associates
steps to take in determining the neighborhood and the the market is in transition, If you’re ready to learn you can call or email her at:
the new value of my house? health of your area’s market. and no more than six months more and get started, give 562-882-1581 or
Jake. The next step is to complete a when it is stable. Remember my team a call, we’re ready Allison@superbroker.com

Go to: www.LakewoodPrices.com

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