3 Things Realtors Check When Assessing a Home’s Value

If you’ve decided to sell your house, it’s vital to find out what it’s worth before listing it on the property market. Hiring expert realty services to assess your home’s value will help you list it for a justifiable price. But what does a real estate agent check to assess the value of a property?

a house interior


Here are 3 things realtors check.

1. Square Footage

One of the most important factors realtors consider when assessing the value of a home is the square footage. But if you think this refers to the ground area covered by your home, think again!

When it comes to real estate, square footage is calculated by adding up the area covered by each room in the property. Therefore, multi-story properties with numerous rooms will have high square footage—even if the property itself doesn’t cover much land!

2. The Age of the Kitchen

Did you know the average American adult spends almost 800,000 minutes in their kitchens throughout their life? It’s no wonder kitchens top the list of home features prioritized by buyers!

The older your kitchen is, the lower your home’s value will be. Therefore, it’s worth investing in kitchen remodeling projects like installing new countertops to boost your home’s asking price on the market.



3. The Selling Price of Similar Homes in the Area

Realtors often use the selling price of similar houses in your area as a baseline to evaluate your home’s value. In other words, if houses in your neighborhood that cover similar square footage sell for $200,000, chances are your house will sell for a similar price.


If you’re looking for expert realty services in Fayetteville to assess your home’s value, reach out to Phillip Fehler Realtor Northgroup Real Estate today. They provide a free home evaluation service on their website that accounts for numerous factors including the ones we’ve discussed today. They also offer a wealth of resources for homebuyers such as an online mortgage calculator and a checklist of documents buyers must prepare to get a mortgage pre-approval.

Discover what makes them one of the leading real estate services in Fayetteville by dialing 910-381-1341. You can also leave them a message on their website and they’ll get back to you ASAP.

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