How Do I Know What My House Is Worth?

Outside of contacting a “We buy houses NJ” company to get an offer for your property, knowing how much your worth is on the market right now won’t be easy. However, one thing that we can be sure of is that your property most likely will be worth significantly more than when you purchased it many years ago.

If you’re planning on selling your home and want to get the best deal possible, you shouldn’t settle on the price from the offer that you get from a “We buy houses NJ” company

Instead, what you should do is to do your research.

Check Your Property Value Assessment
What the property value assessment is the value of your home as determined by your local government following the annual inspection.

While the inspection is done for tax purposes, you can still use the property value assessment to check out how much your home is valued. Also, if you’re worried that your home is not being valued properly by the inspector, you should consider thinking otherwise. This is because these inspections are rather extensive. Not to mention, the local government has an incentive to do it well because the value is used to determine how much tax they should lavy against your home.

What Is a Fair Market Value? How Do You Determine It?
Your home’s property value assessment might be nowhere near the figure that you prefer.

If that’s the case, then you’ll want to work with a real estate agent to determine the fair market value of your home.

The fair market value is not as objective as compared to the property value assessment done by the inspector. As opposed to being based on numerous logical factors, the fair market value is affected by emotions and sentiment.

This means that someone might be willing to pay more for your house than what its property value assessment says it’s worth just because they really love the location. On the other hand, someone else might not feel your home as much and might not be willing to match the property value assessment offer, if they’d even give an offer at all.

In any case, by working with a real estate agent, you should get a proper fair market value that reflects the current and potential value of your home.

A great way to make your home sell for more is to look at other positives that a proper value assessment might not consider.

A good example is how close your property is to elementary and middle schools, as well as a mere stone’s throw away from the bus stop of a well-known high school. Or, another thing worth factoring into the fair market value of your home is if it has the latest security technology installed, or has additional security measures such as a gate at the front and at the back.

Small touches such as a well-maintained lawn and a fresh coat of paint, or even a flower-filled garden, can all help increase the fair market value of your home and make it appeal better to interested buyers.

Sell Your Home to a We Buy Houses NJ Company Today
Getting a fair price for your home on the market isn’t easy. It’s possible, but you’ll have to do a lot of work. Not to mention, there are numerous costs involved, including the maintenance and repairs of your home to attract potential buyers, as well as the fees involved in closing the deal and the percentage-based fee of the real estate agent.

What we’re trying to say here is that you might not get as much money as you’d expect after selling your home.

On the other hand, working with a “We buy houses NJ” company means that everything is transparent. You get an offer, you close the deal, and you get the money. The best part? Your house is sold as-is with minimal hassle and costs on your part.

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Estefania Castaneda
Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
Vichai Soysouvanh
Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business again.read more
Niki Keser
Niki Keser
17:46 06 Aug 21
I had a wonderful experience renting one of their properties for 7 months. The apartment was beautifully remodeled and... Ken and his team were always responsive to any needs. I would recommend to anyone looking to sell or rent.read more
YASMINA VASQUEZ
YASMINA VASQUEZ
15:13 02 Aug 21
Ken and his team were professionals ,they promised and they delivered or anything
Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Vishrut Patel
Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy process.read more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair transaction.read more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
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