Establishing market value of real estate in Estes Park, Colorado is not an easy task. I’ve talked about this matter before in The Art of Pricing Your Home To Sell. Market Value is defined by what a willing and informed buyer and a willing and informed seller agree upon. There are many factors that influence true market value and unfortunately, homeowners can easily be swayed into thinking their house is worth more than it is.
Remember, true market value is NOT influenced by:
- Previous Sale Price
- How much you owe against a property
- The number of visiters coming to Estes Park each summer and how much they spend
- Time on the market
- County assessed value
- Number of elk or deer that frequent your yard
- The amount of money spent making improvements
- The stock market
- Gas prices
- Your Texas cousin’s opinion (even if they are a real estate professional)
If you are looking to see what the market value of your property in Estes Park is, read this blog post and then contact me and I’ll walk you through it.
