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We admit it. Those online, instant home valuation tools are pretty cool. That's why we added one to our site. But they are not that accurate. They provide a general idea of a home's value based upon sales statistics only. They are not able to consider important features such as upgrades and condition of the property, factors that also affect value.
The only way to get a truly realistic idea of what a property is worth is:
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Have it appraised (estimated cost: $350-$450)
- Ask a Realtor to prepare a Comparable Market Analysis (CMA) based upon the information you provide (a FREE service)
- Ask a Realtor to view the property and then prepare a Comparable Market Analysis (also FREE and more accurate.)
How do you get a professional Comparable Market Analysis?
Just complete the form to the right. An experienced Realtor from HomesCentralCoast will prepare one and review it with you.
You'll receive expert advice that you can trust.
It's that easy - there is NO COST and NO OBLIGATION.
A Comparable Market Analysis will show:
- Addresses of comparable properties that have sold recently. The key word here is "comparable." The HomesCentralCoast real estate agent who prepares your report will know the market and will have seen the inside of most of the homes that he or she uses as comparisions (something an online, instant home value tool can't do.) The agent will have first-hand knowledge about home values in the neighborhood and current real estate market sales trends. You'll receive a list of homes that have sold within the last few months and a comparison of their features that add or hurt value.
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Addresses, features and asking prices of similar homes that are currently on the market. If you're planning to sell, you can use this information as a guideline for pricing your own property. But keep in mind, the asking price and what a property actually sells for may differ significantly.
- Addresses of comparable homes that have pending sales. In other words, the sellers of these homes have received and accepted offers on their homes. You won't be able to know the amount of the accepted offer until the sale is final (close of escrow). But this information will give you an idea of what the current market activity is for comparable homes.
We can provide property value estimates (CMA's) for these Central Coast of California cities:
Arroyo Grande
Avila Beach
Atascadero
Buellton
Cambria
Cayucas
Casmalia
Creston
Cuyama
Grover Beach
Gualalupe
Lake Nacimiento
Los Alamos
Nipomo
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Los Osos
Morro Bay
Oceano
Orcutt
Paso Robles
Pismo Beach/Shell Beach
San Luis Obispo
San Miquel
San Simeon
Santa Maria
Santa Margarita
Santa Ynez Valley
Templeton |
So, if you're thinking about buying or selling a home, and first want to get an idea of fair market value, a Comparative Market Analysis is ideal for you.
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Receive a FREE property value estimate.
Just complete this form:
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