How Do You Determine How Much My Home is Worth?
13 Dec 2022 by Marloni Pedrosa "Realtor"

How do you determine how much my home is worth?

The most common method to determining the value of a home is by completing a Comparative Market Analysis. A CMA is an in-depth evaluation of recently sold “comparable” homes in the past 6-12 months. Considerations that a professionally completed “CMA” include, but is not limited to:

  1. Square footage
  2. Number of bedrooms
  3. Number of bathrooms
  4. Upgrades to kitchen
  5. Window quality
  6. Roof age
  7. Lot features
  8. Location; primary or neighborhood street?
  9. Style of residence
  10. Flooring type

 

Can you determine how much your home is worth from an internet website?

The answer to this frequently asked question is- NO!

Anyone who has bought a home, sold a home, or just looked at homes, has heard of websites such as Zillow and Trulia. These real estate websites are not local to every real estate market, and provide estimates of home values for practically any home in the United States.

 

How is it possible that a third party website that is headquartered in California or Florida can provide an accurate home value for a home located in Las Vegas, Nevada?

Itʼs not! These third party websites, such as Zillow and Trulia, use computer generated home values based on calculations and formulas. These websites providing inaccurate estimates (or “Zestimates”) can create a false sense of hope and lead to frustration. Itʼs critical that when selling a home, the value is determined by a top Realtor in your local area, not an internet website!

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📲 (702) 354-3262
Marloni Pedrosa "Realtor"

Being a resident for more than 15 years here in Las Vegas and Henderson Nevada has taught Marloni a lot about the American Dream of owning real estate and what values best help you achieve that dream. Working in the medical field for several years has reinforced his belief that we have all been allowed of freedom to live our life the way we choose, particularly for our family. That freedom for me is fulfilled through the stewardship of providing real estate services to others so that they, too, can achieve the dream they long for their family.

He is proud to be part of the NO. 1 Mover and No. 1 Independent Brokerage in 2021 with EXP Realty. This is thanks to the extensive digital marketing training he's taken that allows him to craft innovative and effective advertising campaigns that result in the best possible offers for his home seller clients.

If you're thinking about moving to Las Vegas/Henderson Nevada, or to any of the surrounding communities, be sure to give me a call, shoot me a text, send me an email, or schedule a Zoom call. We'd love to help you make a smooth move to Las Vegas/Henderson Nevada!

Thinking of Moving to Las Vegas, Nevada?
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Email: [email protected]
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Marloni Pedrosa Las Vegas Nevada | NV Real Estate License: S.0185467
EXP Realty

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