What’s the Best Way to Find Out Your Home’s Value?

By Erik Kelly

Erik Kelly has been a top-producing real estate professional since 2002 and a proud Phoenix resident since 1996. His deep community ties and industry reputation have enabled him to build a thriving, referral-based business.

Pricing your home correctly is one of the most important steps in selling. If you price too high, buyers may overlook it. If you price too low, you risk leaving money on the table. So how do you find the right price?

No two homes are exactly alike, even in the same neighborhood. The upgrades, conditions, and improvements you’ve made all play a role in determining value. A remodeled kitchen, new flooring, or a landscaped backyard can set your home apart from others on the market. These details matter when deciding on a competitive price that attracts buyers while ensuring you get the best return.

When selling, you have to impress two groups—buyers and appraisers. Buyers compare your home to others on the market and decide if it’s worth the price based on its location, condition, and features. Appraisers, on the other hand, assess the market value to ensure the home’s price aligns with recent sales. If the home is overpriced and doesn’t appraise, the deal could fall apart, leaving you back at square one.

Online home value tools may give a general estimate, but they don’t consider the unique factors that impact your home’s worth. Automated estimates fail to account for upgrades, market trends, and neighborhood demand. That’s why relying solely on these tools can lead to mispricing and a longer time on the market. A professional evaluation is the best way to determine an accurate price, helping you sell faster and at the right value.

We use an 8-step pricing process to analyze market trends, compare similar homes, and factor in key details that influence value. This method ensures your home is priced competitively to attract buyers and meet appraisal requirements, giving you the best chance of a smooth and successful sale.

If you’re thinking of selling, don’t guess your home’s value. Schedule a consultation with us for an accurate price assessment. We’ll ask key questions, review your home’s condition, and provide expert guidance to help you sell quickly and for the best price. Call or text us at 480-382-6444, or email us at clients@erikkellyhomes.com. Let’s price your home right and get it sold fast.