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Home Pricing

Home Pricing estimates are important for many reasons; from the ability to offer a fair price in a real estate transaction, to making decisions about where to live. To estimate the value of your home, you can use resources such as Zillow.com or on-site estimates based on comparable homes nearby. The cost of a professional appraisal is also an option for those who want more certainty about home values.

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Our analysts provide market trends to help you be the expert in your own home.

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Here are the most frequently asked questions about selling homes

Houses can sell quickly or take a long time. Some factors that can affect the sale of a house are the price, condition, location and whether it’s been used as a rental property.

Tip for selling a home: Make your home look as desirable as possible. You can accomplish this by decluttering, making repairs, and even giving your house a new coat of paint. Tip for selling a home: Home staging is a technique often used by sellers to make their homes more attractive to prospective buyers. It involves using furniture that is neutral in color and design and placing it in areas that are most commonly used.

Home size is a significant factor that determines home inspection costs. Professional inspectors often charge based on the square footage of the home because it largely determines the scope of the work and the length of time they will spend on the inspection.

Home inspections cost as little as \$200 for an area of less than 1,000 square feet (a tiny home or condo, for example). Costs increase as home size increases, with an inspection of an average 1,500-square-foot single family home costing between \$300 and \$400 and a larger multi-family home inspection costing upwards of \$500.

New Construction Home Inspection Cost

It may seem counterintuitive, but you should purchase a home inspection even if the home you’re looking to buy is brand new. It’s important to know the home is structurally sound before you buy. And if you find an issue, the home builders have resources necessary to make requested repairs and are more likely to complete them than a homeowner.

A pre-drywall inspection that covers a walkthrough before the builders install drywall will cost between $100 and $300. A home inspection after the home is completed costs $400 on average.

What is Included in the Cost of a Home Inspection?

Each home inspector focuses on different things, so do your research ahead of time to find out what they cover. To cover your bases, find an inspector who will examine several components, including:

  • Yard
  • Exterior structures
  • Plumbing
  • Appliances
  • Roof
  • Attic
  • Foundation
  • Electrical system
  • HVAC system
  • Windows
  • Doors
  • Walls

Your inspector will provide you with a report detailing any issues they found during the inspection along with photos. You may choose to repair these after you purchase the home or negotiate for the seller to complete them before the sale.

 
 
 
11 factors that affect property value
  • Location. The location of a property is the most obvious factor that affects how much a property is worth. …
  • Supply and demand. …
  • Interest rates. …
  • Economic outlook. …
  • Property market performance. …
  • Population and demographics. …
  • Property size and features. …
  • Aesthetics.

Having short sales and especially foreclosures on your street decreases the value of your home. Even if they are not direct comparables, as in same square footage and the number of bedrooms and baths, they are in your immediate neighborhood, so can make the entire area depreciate in value.

For most major markets, the Zestimate for on-market homes is within 10% of the final sale price more than 95% of the time. The nationwide median error rate for the Zestimate for on-market homes is 1.9%, while the Zestimate for off-market homes has a median error rate of 6.9%.

Here’s how a savvy homebuyer can make sense of today’s seemingly competing mix of good and bad real estate market news. The …

Navigating the U.S. housing market in summer 2022 is seeming a bit like a high-stakes game of Perception vs. Reality. The post …

Navigating the U.S. housing market in summer 2022 is seeming a bit like a high-stakes game of Perception vs. Reality. The post …

Navigating the U.S. housing market in summer 2022 is seeming a bit like a high-stakes game of Perception vs. Reality. The post …

Navigating the U.S. housing market in summer 2022 is seeming a bit like a high-stakes game of Perception vs. Reality. The post …

Navigating the U.S. housing market in summer 2022 is seeming a bit like a high-stakes game of Perception vs. Reality. The post …

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