Do You Know How Much Your Home Is Worth?
Home prices have risen dramatically over the past five years, far beyond the typical 2-5% annual increase. During 2021-2022 alone, prices surged by over 20% due to high demand and low inventory, leading to significant equity gains for homeowners. Even though the market has stabilized, home values remain substantially higher than they were just a few years ago. If you've been considering selling, now may be the perfect time to take advantage of this increased value, which could help bridge the affordability gap when buying your next home. If you've owned your home for even longer, your gains could be even greater, stacking recent surges on top of years of steady appreciation. But how much is your home really worth today? While national trends give a broad picture, local factors like market demand and renovations can make a big difference. The best way to get an accurate valuation is to consult a local real estate agent who understands your market and can provide expert insights. Don't leave money on the table—connect with an agent today to find out your home’s true value!
