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Scott & Shonnie Tornow for Utah real estate

A question sellers often ask is: What is my home worth?

Many factors go in to determining the value of a home. You have probably heard that the most important factor in determining a home's value is its location. This is true. Location is the number one factor in determining the value of a home. However, it is not the only factor to consider. Other key factors or criteria that determine home values are: Age of the home, Condition, Size (livable square footage, size of garage, lot size); The actual layout of the home. Landscaping of the home. Surrounding neighborhood and how the neighbors maintain their homes also affect a home's value. Views: Does the home have an ocean, lake, mountain or other views that would appeal to a home owner?

Additional criteria that affect the value of a home are recent sales of similar homes, current and future economic conditions and the needs and wants of a buyer. For instance: A home with a swimming pool would be very attractive to a family with teenage children. However the same home would not be as attractive to a family with very young children. Does the prospective buyer have special needs? A home with all main floor living would be especially attractive to a buyer that had difficulty going up or down stairs. That buyer would be willing to pay more for that type of home. Other valuable considerations in determining value include proximity to shopping and transportation and the quality and availability of schools.

Thinking of selling your home? Want to know the current value of your home? Call the Tornows Today. You can reach them at (801) 830-2020 or email at UtahBuyerInfo@gmail.com.

     
 
 
  Scott & Shonnie Tornow
Tornows & Associates, Inc
289 E. 930 South | Orem, UT 84058
Direct: (801) 830-2020
Office Fax: (801) 224-1536
e-Mail: tornows.office@gmail.com
 
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