Online tools are just a starting point; professional agents like me go further by analyzing local trends and accounting for the specific renovations that add value to your home.
One of the most common questions I get from Phoenix homeowners is: “How do I determine the actual value of my home?”
To get it right, I follow two essential steps.
Step 1: I schedule a home visit. Condition is everything when it comes to how buyers perceive value. Two homes with identical layouts can sell for vastly different prices based on updates, maintenance, and overall care. Seeing your home in person lets me account for the unique details that online tools cannot.
Step 2: I review comparable sales. I review “comps,” which are similar homes that have sold recently (usually within the last six months) and within about a mile of your property. I focus on homes similar in size, age, and style to see exactly what buyers are paying in today’s Phoenix market.
Why not just use online estimates? The truth is, those estimates are just rough guesses.
Algorithms rely on public data and broad averages. They don’t know about your renovated kitchen, added square footage, or the high-end finishes that set your home apart. Because they miss the nuances of your property’s condition, automated values should never be used to set a final price.
By combining the condition of your home with recent comparable sales, I can determine a realistic and competitive price range. This approach helps sellers avoid overpricing or failing to get their home’s worth.
If you are thinking about selling your home in Phoenix and want to know what it is really worth, feel free to reach out anytime at (602) 501-9352 or sam@thebrokery.com. I am always happy to walk you through the process and answer any questions you have.
