bharatbhasha.com
Free Articles  >>  Real Estate >> 

Understanding Home Values is Critical if Buying or Selling a Home





If youâre buying a home or selling a home, what is the best way to obtain an accurate value of your home? Fortunately, thereâs a simple answer.

Who would have believed 20 years ago that the rising values of homes in Highland Park and Eagle Rock - as well as real estate in Mt. Washington and in Glassell Park - would be the talk of the town? If you own a home in one of these regions - or are looking to buy a home - odds are that home values are on your mind.

Regardless of whether youâre looking to buy a home or sell a home, it only makes sense that you will eventually want to gain an understanding of your own homeâs value, if youâre selling, or the value of a different home if youâre thinking of buying.

But with all the information, articles, blogs and website tools out there offering home evaluations, its become easy to get, well, confused. Thatâs because as youâre performing your research and due diligence, the first thing youâll notice is that there is little consistency in the values offered. One home evaluation will be wildly different from the one before or after.

The reasonable question is, why? How? Thereâs a simple, straightforward answer: There are actually two types of values of homes - automated home values and manual home evaluations. Of course, thereâs a big difference between the two.

Automated home values are very useful as a general reference tool, to give you a rough idea of what your home or any other home may be worth in the current market. And sometimes a general, rough idea is a good place to begin.

Letâs be honest, though.

Every home is unique. This is especially true in the neighborhoods of Northeast LA where tract homes donât really exist. Most every neighborhood in the region is dotted with custom homes and itâs rare to find one that is like another. With tract homes, comparisons, or âcompsâ of similar homes that have been sold could help us gain insight into what another home may sell for. For other neighborhoods, it just doesnât work that way.

Also, there are all sorts of renovations, upgrades and features that arenât reflected in automated home values. Added up, these renovations and upgrades can make a considerable difference in the homeâs value and the final buying or selling price.

For instance, there is no way possible that an online tool can know if a homeowner has refurbished the kitchen or the master bath. It doesnât know if all the 80âs era carpet has been replaced with beautiful bamboo wood or magnesite. It might not even know if a room addition occurred since the last time the home was sold.

So the next reasonable question is, how do you, as a home seller, learn the true value of your home?

Thatâs where a skilled and experienced real estate agent comes in. A local professional real estate agent knows what sells ... and what doesnât. They know what buyers will pay more for, and how much that renovation really will net you in a home sale. Most importantly, they can provide you with a much more accurate and precise value of your home.
About Author Samantha Turkle :

Who would have believed 20 years ago that the rising values of homes in Highland Park and Eagle Rock - as well as real estate in Mt. Washington.


Article Source: http://www.bharatbhasha.com
Article Url: http://www.bharatbhasha.com/real-estate.php/492481


Article Added on Monday, July 3, 2017
LD
Other Articles by Samantha Turkle

Altadena CA is a City on the Rise
In close proximity to the highly successful City of Pasadena, Altadena is gaining some well-earned respect reflected in its home values. With the region north east of Downtown Los Angeles - the most western area of what is termed the San Gabriel Valley - neighborhoods and entire cities are on the rise. Nowhere is this clearer today than in Altadena, CA. Homes in Altadena are being restored to their original luster and Altadena real estate is through the roof when it comes to home...

Craftsman Homes and Pasadena CA Real Estate
Real estate in Pasadena CA is perpetually in demand by homebuyers. Why? It is because Pasadena is gorgeous with many different kinds of neighborhoods with different vibes and character. Pasadena is widely known for it’s variety of older, classic homes that are always on the market, but it is most famous for its “Craftsman” style homes. In Pasadena and, indeed, throughout Northeast Los Angeles, homebuyers moving into the area are anxious to purchase these phenomenal character homes as...

Classic Victorian Homesand Northeast Los Angeles Real Estate
The ever-booming real estate market in Northeast Los Angeles has renewed interest and focus on the many different types of classic Victorian homes in various NELA communities. As older neighborhoods such as Angileno Heights, Montecito Heights and Lincoln Heights experience gentrification, owners of these homes are selling to homebuyers who desire to restore the Victorians to their original beauty. Victorian-style homes in Highland Park and Eagle Rock have also been selling fast as have...

Why Altadena CA is a Great Place to Buy a Home
Altadena is a charming city located north of Pasadena, CA and south below the hills of the picturesque San Gabriel Mountains. The nature-down-to-earth vibe of the city has attracted a creative, ambitious crowd that continues to positively affect the growth and development of Altadena. Make no mistake, homes in Altadena are in demand and the Altadena real estate market is red hot. According to AreaVibes.com - Altadena has a livability score of 76, extremely livable. This is higher than the...

Why Buying a Home in Glendale CA is a Good Idea
Glendale is the third largest city in Los Angeles County. This suburb of the Greater Los Angeles Area is the epicenter of established business, trendy shopping, cultural and artistic attractions and plenty of serene nature. These conditions are a large part of why homes in Glendale CA are selling like hotcakes and why Glendale real estate is approaching the market performance of areas like Silver Lake and Eagle Rock. Several large companies have offices in Glendale including Walt Disney, The...

Bungalow Homes and Northeast LA Real Estate
Real estate is booming in communities of Northeast Los Angeles, affectionately known as “NELA”. Highland Park homes - as well as homes in Pasadena, Glendale, Eagle Rock and Altadena - are typified by classic, vintage bungalow homes. Even when examining Mt. Washington real estate, it isn’t unusual to see a turn-of-the-century bungalow perched next to a huge mid-century modern home or even a mansion! The availability of these character homes on the market is part of what attracts...

Altadena Real Estate A Look at the Numbers
The real estate market in Altadena, CA is red hot. Homes for sale in Altadena command high prices and never stay on the market very long. Why? Both realtors and residents will answer that by stating: Altadena is a very special place to live, work and relax. Altadena is charming community located directly north of Pasadena at the base of the Angeles National Forest San Gabriel Mountains. Altadena is an unincorporated and 14 miles northeast from Downtown Los Angeles. This warm, Mediterranean...

Why South Pasadena is a Great Place to Buy a Home
The City of South Pasadena is a hidden gem to most, but homebuyers looking for a unique place to call home have made the search for South Pasadena homes for sale a bit like the Gold Rush. To say that this special city is idyllic is a bit of an understatement. Real estate in South Pasadena is booming for a variety of reasons. It just isn’t like any place else. Residing in the West San Gabriel Valley, the enchanting streets of South Pasadena aren’t only lined with gorgeous homes. They are...

Highland Park CA Homes and Real Estate A Look at the Numbers
In Los Angeles real estate circles, everyone is talking about Highland Park. Like other Northeast LA neighborhoods like Silver Lake, Eagle Rock and Mt. Washington, Highland Park is in a state of gentrification as new stores and restaurants are popping up on York Blvd. and homes are being purchased and restored. As a result, homes in Highland Park are in demand and prices have steadily risen. But gentrification isn’t the only reason. Highland Park is a wonderful area to call...

The Telltale Signs of Gentrification in NELA Mt Washington and Highland Park
Since in the late 2000’s, the hillside enclave of Mount Washington has become the most affluent neighborhood in North East Los Angeles (NELA). It is also known as the affordable Laurel Canyon of the East, featuring a high achieving elementary school located within its borders. This fashionable “offbeat” neighborhood in the San Rafael hills is also home of the Southwest Museum and the Self-Realization Fellowship Center. Make no mistake, though. While it might be affordable compared to the...

Publishers / Webmasters
Article ID: 492481
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:


87 Users Online!!
Related Articles:
Latest Articles:
 
Real Estate >> Top 50 Articles on Real Estate
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts
Aging


Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of bharatbhasha.com and/or its owners.


Copyright AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Cheap Reseller Hosting Provided By AwareIndia







Company IDS