Determining the actual value of your home is a complex task that requires consideration of several key metrics. At the Lauren Forbes Group, we rely on a variety of factors to provide you with a comprehensive understanding of your property's worth and enable you to make informed decisions for you and your family.
Our evaluation process includes analyzing recent trends in your hyper-local real estate market, considering market appreciation, and assessing inventory and current competition to understand how your home compares to others in your area. We also factor in future market projections, fed meetings and rates, the number of pre-approved buyers at the current moment, the measure of buyer searches in different areas and price points, homes we have sold in your neighborhood, the absorption rate of inventory, as well as knowledge of off-market inventory that has traded near you. Lastly, we use wealth engine mapping to identify compatible buyers who may be interested in your property. By incorporating all of these metrics, we can provide you with a reliable evaluation range of your home's value that will be more accurate than Zillow and Redfin.