The most common reason people want to know a homes value is because they are thinking of selling, but there are other reasons. Perhaps you are being relocated and your company intends to assist you. Maybe you're thinking about refinancing. You may be intending to deed a portion of the property to a family member and need to place a value on it. Or there may be a divorce pending.
There are all kinds of reasons you may want to know your home's potential sales price.
A common question is, "So where do I get an appraisal?"
You probably don't need an appraisal.
Appraisers define market value differently than real estate agents do. Appraisers focus on recent closed and pending sales. In short, they are looking backward to use data they can document. An agent is looking to the future, taking into account comparable sales, pending sales, the market, average sales time, and available inventory, in order to predict a future selling price.
For that reason, a qualified local real estate agent will generally outperform appraisers in anticipating the near-future market price of a particular home.
Inexperienced appraisers will argue that point. Experienced ones recognize it to be true.
So how do you know the real "market value" of your home?
This is where Jim Nicoll will assist you.
He knows what the market is like "right now." He knows if the market is hot or cold. He knows if your home is over-improved for the area. He can look in the Multiple Listing Service and see what has sold but not yet closed.
He has the expertise to know what your home is worth and he is willing to share that knowledge with you.
If you need an agent at some point down the road, then give Jim Nicoll a call and give him an opportunity to tell you what he can do. That's all he wants in exchange for this free service. Just ask for a Competitive Market Analysis.