Your home value refers to the amount of money a buyer is will to pay for the property. There is also the term ‘Fair market value’, this refers to the comparative price that an average of buyers would spend on a house when there is no existing relationship with the seller, and no extenuating circumstances endearing the buyer to that particular house.
An investment property is any piece of real estate you might own other than your principal residence – like a pre construction, Land Development, Flipping and more
Market fluctuations offer the largest changes when it shifts between buyers and sellers markets.
Supply and demand also play a part, as demand goes up, prices will as well and the same goes for the opposite. Other changes can involve the economy, strategic home upgrades and renovations.
That is why it is best recommended to have a home valuation done.
We assist you in making wise decisions about the purchase, sale, or investment of real estate.