Your Home Sold Guaranteed Realty - Nancy Kowalik Group

Are Zillow Home Values Accurate in Woolwich Township?

Are Zillow Home Values Accurate in Woolwich Township?

Whenever you are going to sell your home, one of the most important things you need to know is accurate home values in Woolwich Township. Why? Because if you do not know this number then you cannot determine a reasonable, fair, and profitable asking price for your MLS listing. Home buyers will have a clear idea of what homes like yours in the area are worth, so it is vital that you find out this information as well. Stay ahead of the home buyers in every way you can.

Our real estate team at Your Home Sold Guaranteed Realty - Nancy Kowalik Group is here to assist you throughout the entire home selling process, so we will not let you figure out your home’s value on your own. We won’t make you rely on inaccurate free online home valuation tools like the Zillow Zestimate (we will answer the question, “are Zillow home values accurate in Woolwich Township?”), and our team guarantees that you will be able to sell your home quickly and at the highest possible price.

Why Correct Valuations Are Important

When you list your home for sale, there will be lots of home buyers interested in your house. They will, first and foremost, notice the asking price, and that will be one of the most important determining factors for their continuing interest or moving on to the next home on the list. It will be difficult for you to price your home accurately if you do not know its current worth in today’s real estate market. 

To determine this value, a number of factors will be considered, especially if you work with a professional home valuation expert. They will base their value on the current market as well as your home in particular. If these factors are not incorporated into the estimate, the home worth will likely be incorrect and you may risk losing money and time in the process.

As you can expect, home buyers will be doing their own research on home values in the current market for the area in which they prefer to live. They will have a solid idea of how much a home like yours should cost by examining comparable homes. Then they will use that figure to determine if your home is listed too high or too low. For home sellers, this is the reason that professional home valuations are so important to have done.

Certain home valuation tools are available for free online, and one of the most popular is the Zillow Zestimate. It seems like a great deal, but it cannot be your only outlet for determining home value because they are historically highly inaccurate.

Are Zillow Home Values Accurate in Woolwich Township?

Are Zillow home values accurate in Woolwich Township? No. They are known to be highly inaccurate, in fact. The Zillow Zestimate is a proprietary tool that offers homeowners a way to estimate the value of their homes. To get this number, Zillow will rely on publicly available and user-submitted data to make its value determinations. While this tool can be useful to track the changes in your home’s value over time, it will not give you the same estimate of your home’s worth that a professional assessor can. 

To get the Zestimate for a basic home like yours, the tool relies solely on comparables (recent sales of homes) in Woolwich Township. It does not account for things that are exclusive or unique to your home. Things such as home improvements or upgrades that have been made, renovations or additions, neighborhood turnovers (high selling neighborhoods have more recent data to incorporate into the algorithm), or the conditions of the neighborhood itself are all left out. Therefore, the Zestimate can be wildly inaccurate. 

The FAQ page of Zillow’s website states that the “median error rate for on-market homes nationwide is 3.2%” and the error rate for off-market homes is 7.52%. These numbers can add up to significant losses, so it is always advisable to speak with an experienced and local realtor to determine the value of your home and a reasonable asking price.

Zillow Uses These Factors to Determine Home Values in Woolwich Township

When the Zillow algorithm is used to get the value for your home, it gathers information from all of the homes located within a certain zip code, bundles them together, and then averages them out given certain parameters such as single-family homes with approximately 2,000 square feet and 3 bedrooms. That average is the value the Zestimate gives for a home that meets those criteria. 

Are Zillow home values accurate in Woolwich Township? Not for your particular home because it does not incorporate the specifics of your home which could raise or lower the value.

The Advantages You’ll Get from Expert Home Valuations

There are many benefits to using a professional home valuator to determine your home’s worth in the current market for Woolwich Township. One of those benefits is the fact that the value will be highly accurate.

With an accurate valuation, you can figure out the right asking price for your home. It needs to be a price that will attract plenty of interest from legitimate home buyers in Woolwich Township but will also net you a good profit from the sale. Our realtors at Your Home Sold Guaranteed Realty - Nancy Kowalik Group can assist you with all aspects of the home selling process, including the home valuation and determination of the asking price for your listing. 

With our team, you can rest assured that the valuation will include those factors that Zillow doesn’t incorporate because its algorithm is not as sophisticated as an expert evaluator. And once you determine the right asking price based on that value, you can rest easy knowing that your home will sell quickly and for top dollar.

Get the Most Accurate Home Values in Woolwich Township

If you have decided to sell your home and are curious about home values, be sure to contact our team at Your Home Sold Guaranteed Realty - Nancy Kowalik Group. We will answer any questions you may have, including “are Zillow home values accurate in Woolwich Township?”. Our realtors are 100% dedicated to customer satisfaction which is why we provide you a more accurate and current home value than Zillow ever could. 

To get more information about your home value or to start your home selling journey, give us a call at (856) 230-7077 or fill out the form below with the requested information to get a detailed response from one of our realtors. With our team on your side, we guarantee you have the best possible home selling experience by achieving your real estate goals.

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