Saturday, February 8, 2014

How much Is Your Charlottesville House Worth?

How Much Is Your Charlottesville VA Home Worth?

Get informed and understand why knowing your Charlottesville house value can be valuable information.

Whether your considering selling your home or are  just curious,  knowing your home's value can help you make better and more informed decisions. Home values in the area of Charlottesville VA are changing rapidly. Nationally home prices were up from last year 9.9% and 1.3% from last month. After mortgage rates hovered around historic lows they are now back on the rise. Locally in Charlottesville Virginia in the 22911 zip code the median estimated home value is down 2.4% from this time last year with an average home value of $285,000. The median estimated list price is down .6% to $277,000. The average days a home is on the market in Charlottesville (22911) is 166 days. There are currently 124 active real estate listings in Charlottesville. In the past year sellers who priced their home at market value experienced overwelmingly better results than those who priced it high including
  • Less time on the market
  • More Money - list price to sales price was 8% higher
  • Less hassle with fewer showings resulting in a contract
  • More Options - received multiple offers

Get a FREE valuation of your Charlottesville VA home's value

Charlottesville house values

Your home value report will include the following

  Recent home sales that compare to your home
What your home is likely to appraise for
Average sales prices
Average price per square foot
Detailed market information specific to your area
Pricing strategies and statistics
Current Inventory
Average days on market

How Charlottesville Homes Are Valued

Homes are valued much like everything else: They are worth what people are willing to pay for them.  By researching recent home sales in the area we can determine what the buyers are paying for similar homes. We can also determine based on current listings if buyers are willing to pay what sellers are asking.
 Charlottesville Price Trends

Determining an accurate asking price for your home is vital, and the best way to find that price is by having the home professionally appraised. The second best way is to contact me for a comparative market analysis. While both the appraiser and the real estate agent use the prices of sold homes as a basis, the appraisal process is a bit more in-depth.

There is one recent sold home in the 22911 zip code of Charlottesville:
2771 Aldersgate Way - Townhome with 4 bedrooms & 3 bathrooms - Sold for $240,000, $103 per square foot.

Learn what today's buyers are seeking in their next home

 
Greene County Green Homes
 Sherry Hayward - Listing Specialist
Keller Williams Charlottesville
(703) 655-2223  shaywardkw@gmail.com
www.charlottesvillehomesandfarms.com   
www.cvillehomesforsale.com

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