What is Your Home's Value?

Have you ever wondered why the market value of your home differs from what your bank appraises it as? And what value is being used to set and/or increase your property tax bill? It's easy to be confused about the different valuations being used in the home buying and selling process, but knowing a home's value or worth in the real estate market will help you get a fair price.

There are generally three ways to determine the value of a home: through a Comparative Market Analysis, a professional appraisal or an assessed valuation. A Comparative Market Analysis (CMA), can determine a reasonable listing price for your home. When I prepare a CMA, I consider a number of factors including the home's size, age, location and amenities. I also research the list prices of properties that are currently for sale, have recently sold or expired in your neighborhood.

An appraiser (used by a lender) determines the market value of your home by looking at the supply and demand of like properties in the area, comparing your property with others that have recently sold, determining the amount of money it would take to replace your home at current material and labor costs and/or determining how much income a property would produce (this last approach is used more often for rental property, apartments and commercial property). Lenders frequently require a professional appraisal upon which to base your loan amount.

Local governments also perform independent appraisals to determine your home's assessed value, available on public record, so that your property is taxed fairly.

When comparing the CMA and the appraised values, don't be surprised if they do not match. There are a number of reasons that these differences occur.

The "market value" determined by the appraisal can be different from the "market price" determined through my CMA. In essence, the appraisal amount reflects the cost of replacing your home. But the goal of the CMA is to determine a price that someone will pay for your home. The sale price can be much different from the appraisal value, especially if there are multiple offers on the home.

Also, the real estate market is constantly changing. A home that was worth $100,000 last year may be worth $120,000 this year and possibly more next year. Meanwhile, all city and county property assessments are assigned an effective date, valid for that particular point in time. The more time that has passed since the appraisal, the greater the possibility for disparity in the values. For example, some governments appraise properties annually; others appraise properties once every four years.

I can help you determine the value of your home by researching its appraisal history and performing a Competitive Market Analysis. I can also recommend professional appraisers. Please call me to discuss the current real estate conditions that affect the market price of your home.

Coming Soon: New listing in Sun City: Click Here  

For Sale, 4 bedrooms, 3 baths on one acre in Georgetown's premier gated community: Click Here

For Sale - Hubels Bier Garden in Historic Smithville. Click Here

Free standing commercial building for sale or lease. Previosly used as an assisted living facility. Zoned OF -  Click here

Farm and Ranch Land

Large Tracts: from 11 acres to 460 acres - Click Here

Build on your Lot:  5 to 30 acre tracts available - Click here

Homes With Acreage

For Sale: 3383 SF Home on 1 acre , 3383 SF, 4 bedrooms, loft in Desirable Gabriel's Overlook

Sold - Gorgeous 3029 SF home on 5 acres. 5 Bedrooms, 4.5 Baths. Bring the kids and horses. Click Here

Sold - Upscale Westlake at the Woods. 3420 Sf, 4 bedrooms, 3.5 baths, 1.2 Acres.  Click Here

Visit our Custom Search Results page here. Updated daily with available Acreage Homes or Farm and Ranch property

Acreage or Equestrian Communities

• Whitetail Estates 
• Stone House Estates 
• 460 Acres, Leander ETJ
• 284 Acres, East of Austin
• 273 Acres, East of Austin
• 151 Acres, Coupland TX

  ---

Interested in the Condo Lifestyle? Downtown Austin and Georgetown - Click here

Interested in Multifamily or Duplex as an owner occupant or investment? Click here

Build Your Home on the North San Gabriel River

Stone House Estates features: Acreage lots, Ideal for Horses, River Frontage, Click Here 

Real Estate & Business News

• Sun City 16 years in Georgetown
• Retire Here, Not There
• Texas Comptroller: The Recession is Over
• Home prices still falling but NOT in Austin
• The Next Big Boom Towns in the U.S.
• Eminent Domain Bill Becomes Law
• Texas Joins 12 Nations with Trillion Dollar Economies
• Forbes ranks Austin the Best City for Jobs
• Austin Add Jobs, Unemployment Down
• Austin, 2nd Best Job Market in the U.S.
• Texas Tax Burden Among Nation's Lowest
• Texas Adds 47,900 jobs in October
• CNBC's Top States For Business 2010—And The Winner Is Texas
• Formula 1 Grand Prix coming to Austin
• Beware of Scammers
• Why Texas May Lead the Nation's Turnaround
• National Real Estate News
• Real Estate Videos For Your Location 
• Austin Real Estate Market Conditions
• Business Journal
• Texas Market Reports 
• Community Impact
• Hill Country News
• Austin American Statesman
• Texas A&M Real Estate Center
• Bob's Blog on Active Rain 
• Bob's Blog on Google
• Monthly Newsletter 

Sold 212 Las Colinas

Want to know your homes value? Click Here

Buyers - Helpful Information

Sellers - Helpful Information

Sedlor Properties: This website was designed to be a very comprehensive source of residential and commercial real estate and area information. Please explore and bookmark it, and visit it often. As always, your feedback and suggestions for ways to improve the content or layout is appreciated. Contact Information

 Georgetown TX Homes Commercial Real Estate, Austin TX Real Estate, Georgetown TX Residential Real Estate, Sun City TX Homes, Austin Homes for Sale,  Austin area Land and Lots, Surrounding areas:

Sold - Whitetail Subdivision

Facing Foreclosure - there may be a better way. Click Here

Link Exchange Partners