Home Valuation

This includes proximity to amenities (schools, parks, shopping centers), neighborhood safety, and overall desirability. Homes in sought-after locations generally have higher values.

The home’s age, size, layout, and condition are key. Upgrades like modern kitchens, bathrooms, and energy-efficient systems can increase value, as can unique features like a large yard or a pool.

The current real estate market affects home value. In a seller’s market, with high demand and limited supply, home values rise. In a buyer’s market, with more supply than demand, values can decrease.