What's Your Wellesley Home Worth?

There are many things that go into determining a home’s value including style, size and location but there are a myriad of other factors, that can help or hurt your quest to fetch the highest and best price. Most people who love their home, often think that just because their neighbor sold their house for a bundle year ago, that they should be able to do as well, if not better. The reality though, is there are a lot of forces at work, that can affect your home’s value in either a positive or negative way. Did you know that sites like Zillow and Trulia, often rely on outdated public record information and old sales data, to determine what your home is worth? This is the same information many buyers are bringing to the table when they submit low offers. The fact is, besides style, size and location- time of year, sales trends, inventory and demand are probably the most important factors in determining what a home will sell for. As one example, homes that sold in Wellesley’s 2015 Spring market sold in an average of 75 days vs. 100 days on market, in the Fall of 2014- just 6 months earlier. What makes this more interesting, is the average sales price this past Spring ($1,400,000) was actually $100,000 less than in the “slower” Fall market ($1,500,000). Kind of surprising, unless you have accurate up-to-date information to know why this is. The fact is, if you’re not informed, you could be costing yourself money at the closing table.

MyWellesleyHomeValue.com is a great new website, designed to help homeowners determine a more accurate value of their home by providing them with real market trends and current sales data and does this through the eyes of Top Producing Wellesley agents- who have their finger on the pulse of the current housing market. The best part is the information comes to you usually within 24hrs. and you get an opportunity to review at your leisure, before making a decision to list now or hold off until next season. There’s no better way to hit the market, than by being fully informed and having the most accurate information on your side- your wallet will thank you!

Get your accurate Home Assessment from a Top Producing Wellesley agent, today! MyWellesleyHomeValue.com