David Bruce

June 3rd, 2009

What Is Your Richmond Home Worth?

The last year has been a tough one financially.  Our investments such as 401K’s have taken a hit and many of us follow the stock market and our investment accounts monthly, weekly and sometimes even daily.  But what about our homes?  For most of us its our largest investment.  Are you among the 95% of homeowners who don’t know the market value of your home?

If so you should consider having a REALTOR prepare a Comparative Market Analysis (CMA) for your home.  A CMA compares your house with similar ones on the market in your neighborhood and homes which have recently sold.  This information will give you an accurate value of your homes worth.  Remember the real estate market constantly fluctuates so its a good idea to obtain one each year.  Even if you are not selling your home right now, a CMA can help you determine your current net worth. Remember a CMA is the only market based method of measuring home values.

“Thinking of buying a home?  A CMA for the property you are considering can be an important component in developing a negotioation strategy in determining your first offer and what you are willing to pay for a home”, says Skye Bruce of Skye Bruce Properties.

Would you like a CMA for your home?  Contact Skye Bruce Properties, The Official REALTOR of RichmondHomeShopper.com for a custom CMA or create one yourself by using Skye Bruce’s MARKET SNAPSHOT.  MARKET SNAPSHOT allows you to see all the homes on the market in your area and what homes have sold for recently.

This entry was posted on Wednesday, June 3rd, 2009 at 7:23 am and is filed under Buying A Home, Selling Your Home. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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