If you always check your home price on Zillow, Redfin, or Realtor.com.
You are stoked as the prices soar, but should you be concerned when your Zillow Zestimate drops?
Does this mean your home is worth less?
No, but a lower estimate usually isn't a good thing for your home value.
Get your instant home price
Possible Explanations:
It could be that there are more neighborhood homes for sale at lower prices.
It could mean a low sale, multiple low sales in your neighborhood, or low COMPS.
This could mean fewer homes were sold last month, so the formula computes longer market times and less buyer demand.
Also, if you have a lovely updated home, an online estimate can't account for a buyer falling in love with your home and paying a high price.
Want to know your home's real price, how much you'll walk away with, and the path to make the most money?
- A realistic price.
- Get a written net sheet of what you'll make after selling expenses.
- Simple fixups that buyers care about will net you thousands of dollars more.
Call or text me with your address for your free report. George Lorimer at 619-846-1244.
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