The turbulent real estate market of recent years has caused drastic changes in home values. Knowing what you house is currently worth is critical to knowing:
• if you owe more on your home than it is currently worth;
• the correct price at which to list your home for sale;
• how much money will be available from the sale for a new purchase;
• whether you are paying too much in property taxes because your home is over assessed; and
• whether your home qualifies for mortgage modification or refinance.
If you have a home in Kew Gardens, an appraisal is probably the first thing that comes to mind when thinking of how to find out what your home is worth, but appraisals can cost hundreds of dollars.
You could look on the internet or in newspapers at real estate listings. This method will tell you what other houses are selling for in Kew Gardens. While there is no cost involved in looking at listings, this method has its drawbacks.
The listings show the offering price of a house, not the final selling price. Even if you knew the selling price, you would have to know how the other home compared to your own in terms of number of rooms, square footage, age, condition, and other factors that have an impact on a home’s value.
Asking Price Realty offers a FREE market analysis for homeowners in Kew Gardens, or other parts of Queens County, who want to know what their houses are worth in today’s market. As professionals in the real estate industry, we will prepare a personalized home valuation report with no obligation on your part.
Stop wondering about the value of your home in today’s market. Find out by contacting us today for a free market analysis.
