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Available when you are
Just let us know what’s on your mind and we’ll get back to you faster than you can say "No commission"!
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Why use a home value estimator tool?
Our home value estimator tool can provide a quick and easy estimate of a property's market value. It can be useful for many reasons, including:
Setting your listing price: If you're selling your home, a home value estimator tool can help you determine a reasonable asking price based on recent sales data and other market indicators.
Determining market trends: By tracking your home's estimated value over time, you can get a sense of market trends and see how your home's value has changed.
Planning for home improvement projects: If you're considering making renovations or improvements to your home, a home value estimator tool can help you estimate the potential impact on your home's value.
Refinancing: If you're considering refinancing your mortgage, a home value estimator tool can provide an estimate of your home's value, which can help you determine the maximum loan amount you may be eligible for.
How to increase the value of your home?
As a property owner, there are several ways you can increase the value of your home. Here are some suggestions:
1. Curb appeal: A well-maintained exterior can greatly impact a buyer's first impression.
2. Update the kitchen: The kitchen is often considered the heart of the home.
3. Update the bathrooms: Renovate and update your bathrooms by replacing outdated fixtures, adding new tiles, and repainting.
4. Add living space: Adding square footage to your home, such as a finished basement, an extra bedroom, or a sunroom, can increase its value.
5. Improve energy efficiency: This can help lower energy bills and make your home more attractive to environmentally conscious buyers.
6. Replace or repair the roof: A new or well-maintained roof can help protect your home and add value.
7. Upgrade flooring: Replace old, worn-out carpets with hardwood, laminate, or tile flooring to improve the appearance and durability of your floors
8. Maintain systems and appliances Regular maintenance can help prevent costly repairs and increase your home's value.
9. Refresh the paint: A fresh coat of paint can give your home a new, updated look and make it more appealing to potential buyers.
10. Smart home technology: Install smart home features like a programmable thermostat, smart lighting, or a security system to attract tech-savvy buyers.
How do our free home value estimates work?
Our free home value estimates, also known as automated valuation models (AVMs), work by utilizing algorithms and data to provide an approximation of a property's market value. This is a quick and convenient tool for homeowners or potential buyers to get a rough idea of a property's worth.
Here's an overview of how our estimates work:
1. Data collection: Our AVMs collect data from various sources, such as public records, recent home sales, property characteristics, tax assessments, and other relevant information. The data may include details like square footage, age, number of bedrooms and bathrooms, and other features that can impact a property's value.
2. Comparables: Our AVMs will identify comparable properties (comps) in the same area, which have recently sold or are currently listed for sale. These comps help establish a baseline for determining the property's value by comparing it to similar properties in the same market.
3. Algorithm and AI application: Our AVM applies its proprietary algorithm, which considers various factors such as location, property type, market trends, and other relevant data. Our algorithm then processes this information to generate an estimated property value.
It's essential to understand that our free home value estimates are not definitive and should be taken as a starting point for understanding a property's worth. They may not account for unique features, recent renovations, or market fluctuations that can significantly impact a property's value. For a more accurate assessment, consult with one of our beycome real estate advisors.
What is our definition of "home value"?
For you, as a property owner, "home value" refers to the estimated monetary worth of a residential property, such as a house or condominium, at a given point in time. Home value is influenced by various factors, including the property's location, size, age, condition, and market demand. It's important for homeowners to have an understanding of their home's value, as it can impact decisions related to selling, refinancing, or taking out a home equity loan. The value of a home can be determined through professional appraisals, comparative market analyses, or online valuation tools, although these methods may vary in accuracy.
Is beycome for me?
beycome is for you if you don’t want to pay a 6% commission, live in a state we operate and want to save lots of money!
Why is beycome more than a traditional Flat Fee MLS service?
Flat Fee MLS are simply providing publication and marketing templates where beycome is a technology platform where we automated property publications, offers, contracts, counter-offers, showings, marketing coupled with integrated services like Title, Insurance, Appraisal, Mortgage, 3D Tours, Drone video, Comparative Market Analysis, etc..
Can my home value depreciate?
Yes, it is possible for your home value to depreciate, meaning that it decreases in value over time. There are various factors that can contribute to this, including changes in the local housing market, economic conditions, and physical damage or wear and tear to the property. However, it is also possible for your home value to appreciate, meaning that it increases in value over time.
Why a Property Price Estimator?
Estimating the true value of your current or future property can be challenging, but we are here to help.
By utilizing our Property Price Estimator, you can easily obtain a fair price for your property based on 100's of data points, ensuring accurate value estimates*. Not only does beycome simplify and reduce the cost of the buying and selling process, but it also equips you to make well-informed and self-assured decisions regarding your future.
*DISCLAIMER: The information and estimated values provided are offered without any express or implied warranties, including warranties of merchantability or fitness for a particular purpose. The data used to estimate the value of the subject property is based on available information and should not be considered a definitive appraisal. A professional appraiser should be consulted for a more accurate determination of a property's value.
