Free Market Analysis 29072

If you want a free market analysis for your home in 29072, you should only trust a locally licensed real estate professional to provide this. Lexington is its own market with unique market trends, neighborhood features, and other factors in which agents have local expertise. At no charge, they’ll consult the MLS to provide you with a CMA or comparative market analysis. This is a study of the most similar properties sold in your area within the last 6-12 months.

The MLS collects and updates all of this data around the clock. This is how they can understand market values and projections for individual properties and neighborhoods. It uses every known detail about each property, such as the size, age, and condition. It also looks at location features, such as neighborhoods and schools. This comes from property inspections and appraisals used by banks, mortgage lenders, and tax assessors. This is credible data.

A CMA will provide the sale price and date for every property comparable to yours, often called “comparables” or “comps.” A detailed breakdown of the differences between the subject property and the comparable properties is created automatically and instantly by the MLS. This is how it calculates the market value for your property, along with an explanation of local real estate market conditions that may impact it. This information is recorded by the MLS and updated as needed.

Every homeowner should learn this data even before they sell. A real estate agent will provide this data on request to prospective buyers and sellers at no charge, so they can make an informed decision about buying or selling. I’m always here for you to answer questions, even after the fact. With me, you’re getting a lifelong relationship with a pro who cares. Call today to learn more.

Helpful hints: https://www.nerdwallet.com/article/mortgages/how-to-determine-home-value

• Get your free market analysis in 29072 today from an experienced local real estate expert.