Kaci Jones - Selling Table Rock Real Estate

Fair market value is usually determined by taking the average of three or more comparable homes in the area. The FMV helps both buyers and sellers get a sense of how much a home is worth. Real estate agents typically use this number to figure out a price or price range in which a home will sell. Are you interested in the fair market value of your home? Let’s talk today!

Do you know the difference? Assessed value is the amount your local government thinks your home is worth - this is what is used to determine property taxes. Appraised value is the amount a professional home appraiser thinks your home is worth. This amount is typically used by lenders when considering a mortgage application.

Today’s home buyers are looking for move-in ready homes. Ensure your home is in top condition to get the most attention and the highest possible price. If you want to get the most bang for your buck, focus on features that most home buyers really want to see. Over 80% of buyers are looking for homes with exterior lighting, energy saving windows, and ceiling fans. These can be a low cost investment that buyers would love and that you can enjoy for as long as you live in the home.