Whats My Home Worth Lutz

Here’s a good way to learn what your home is worth in Lutz, FL. First, understand that in any market, a home is worth as much as the ones just like it that have sold recently, more or less. While real estate websites pull data from the MLS, it’s not always updated. Real estate agents provide a custom comparative market analysis (CMA) that compares your home to all the ones that have sold recently. This helps them learn the most accurate selling price because it uses lots of details for comparison.

For example, the MLS knows the interior and exterior square footage of every property. It also knows their ages, the size of their land, their street, neighborhood, community, school district, zip code, and so on. All have a bearing on determining the property value and the selling points to potential buyers. Since agents know what it takes to plan a good home sale, they’re skilled in attracting the right buyer first.

Lutz, FL, is a seller’s market as of June 2023, according to RocketHomes.com. This is based on a 12-month study of home values from May 2022 to May 2023. It reports median home values at $481,714, which is a 10.8% increase year-over-year. With demand in excess of listings, you stand to make the most from a sale in this current market. However, you’ve got to pay to play, so unless it’s a new construction, you’ll likely need a few repairs. Let my experience put the most money in your pocket.

Market trends: https://www.rockethomes.com/real-estate-trends/fl/lutz

• Learn what your home is worth in Lutz on a free call with a local real estate expert.