Bernie Kagan
vice president
nvar lifetime top producer
   |   

WHAT IS MY HOME WORTH?

When Bernie Kagan prepares your CMA or comparative market analysis, there are hundreds of parameters he takes into consideration. He will combine 1) what he sees when you visit with him, 2) what updates you have done to your home, 3) specific location information, and 4) what the comparable sales are in your neighborhood and the local market.  This information, together with Bernie's knowledge of the community will help determine the worth.

Some of the many factors Bernie will take into consideration are:

Where your home is located

  •  what county
  •  what city
  •  through street or cul-de-sac
  •  which school pyramid children will attend
  •  what your house overlooks or backs up to—trees, parkland or a common area
  •  your lot—pipe stem, parking, commuter access

Current condition of your home

  •  curb appeal including the back yard
  •  finished or unfinished basement
  •  level walk out, walk out with stairs or no walk out from basement
  •  in good showing condition or in visible need of repairs/maintenance
  •  layout and living space square footage
  •     major updates and upgrades to your home **

What is going on in your neighborhood

  •  selling price of sold homes in the last six months
  •  what is currently on the market

Remember, this CMA is a snapshop of an evolving and changing market. What your home is worth today can be a very different number three months from now.

** Use this handy list to compile your updates and upgrades:

 

    Update / Upgrade:            Year updated?                        Original?

 ROOF                                                                                                                                              
 SIDING    
 WASHER & DRYER    
 REFRIGERATOR    
 DISHWASHER    
 STOVE OR COOKTOP    
 MICROWAVE    
 KITCHEN CABINETS    
 COUNTERTOPS    
 AIR CONDITIONER    
 HEAT PUMP    
 FURNACE    
 HOT WATER HEATER    
 CARPET    
 FLOORING    
 WINDOWS    
 INTERIOR PAINT    
 FIREPLACE    
 SUMP PUMP    
 ROUGH IN PLUMBING