Frequently asked questions

 

How do I prepare my home for sale?

 

Preparing your home for sale can help you attract potential buyers and increase the chances of a successful sale.

  1. Clean and declutter: Clean every room thoroughly, remove any unnecessary items, and consider renting a storage unit to store any excess furniture.
  2. Make necessary repairs: Repair any obvious issues such as leaky faucets, squeaky doors, or cracks in the walls. Buyers may use these issues as leverage to negotiate a lower price.
  3. Enhance curb appeal: First impressions matter, so make sure the exterior of your home looks attractive. Trim overgrown bushes, mow the lawn, and add colorful plants and flowers.
  4. Neutralize your décor: Neutral colors and simple décor can help buyers visualize themselves living in your home. Consider repainting bold-colored walls and removing any personal items or family photos.
  5. Conduct a pre-listing inspection: A pre-listing inspection can help you identify any potential issues before you list your home. This can save you time and money in the long run.

Following these tips increase your chances of a successful sale with higher returns on your investment. Additional tips can be found here. Boost your Homes Curb Appeal

 

 

 

How accurate is Zillow Zestimate, how can I get an accurate value of my home?

 

In New Mexico, Zillow and most other home value estimators use algorithms that consider factors such as location, size, age, and home condition. Since New Mexico is a non-disclosure state  Zillow Zestimate and all other home value estimators only have permission to use publicly available data such as tax assessments. The actual SOLD price a home sold for is not publically available and, therefore, cannot be used to estimate the value of your home.

Suppose you want a more accurate estimate of your home's value in New Mexico. Consider working with a licensed real estate broker with experience in your local market or hiring a professional appraiser. A real estate broker can provide you with a Comparative Market Analysis (CMA) which compares your home to similar homes recently sold in your area. In contrast, an appraiser can provide an accurate appraisal value based on a physical inspection of your property.

Ultimately, the value of your home is determined by what a buyer is willing to pay. Working with a professional appraiser or real estate agent can help you better understand your home's value and how to price it competitively in the local market.

 

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