What Is Your House Worth
How to manage your real estate "portfolio"
Your home's value depends on many factors, including its style and size, amenities, condition and, of course, location, location, location. In addition, the value of your real estate investment can be affected by market conditions: interest rates, supply and demand and the overall strength of the economy.
As a homeowner, your ability to maintain a consistent understanding of your property's value depends on these factors. In a changing market, it makes financial sense to know your home's worth and to monitor the return on your investment. After all, owning a home is not unlike trading stock; knowing the time to buy and the time to sell can have a significant impact on your investment portfolio. What to do? Coldwell Banker® professionals offer these suggestions:
- Ask your local Realtor®. Area Realtors are the local market experts who keep abreast of changes in the home sales market and can provide a fair estimate of a home's worth. In addition, Realtors have access to comparative sales data–another tool that helps them determine the value of your home.
- Visit coldwellbanker.com to monitor comparative sales data available 24/7.
For most of us, our home is more than a house and more than "just" an investment. Knowing the value it holds can have a significant impact on how we achieve our financial goals. The Coldwell Banker Network invites you to learn more about your home's worth by visiting www.coldwellbanker.com or your local Coldwell Banker office.
About Coldwell Banker®
Since 1906, the
Coldwell Banker® organization has been a premier
full-service real estate provider. In 2008,
Franchise Times magazine's prestigious Top 200 issue
ranked the Coldwell Banker system No. 1 in real estate for the ninth straight year and 12th among franchisors
in all industries. The
Coldwell Banker System has approximately 3,500 residential real estate offices
and approximately 100,000 sales associates in 47 countries and territories. The
Coldwell Banker System is a leader in
the industry in residential and commercial real estate, and in niche markets such as resort, new home and
luxury property through its
Coldwell Banker Previews International®
division. It is a pioneer in consumer services with its
Coldwell Banker Concierge
® Service Program and award-winning Web site,
www.coldwellbanker.com.
Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and
relocation services.
Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate
LLC.
Each office is independently owned and operated.
