This is an example of our Really True, Current and Accurate Home Value Analysis. There is additional valuable information about appraisers, market changes plus more. As you will see it is completely detailed and not like any online values that are wrong.
Those web sites do not know anything about your home, so there no way it can be right unless by just luck. They have disclaimers that they are off by 10 to 15% or more. On a $700,000 estimate that is up to $105,000 off. Must see links on last page for other details about what we have to offer you regarding selling your home.
Contact us if you have questions about buying or selling a home.
Lee Jenkins Real Estate Professionals – RE/MAX PowerPro RealtyDirect and Text: 954-540-8509 Lee@LeeJenkins.com
We just completed the detailed research on the value of your home that you requested. Thank you for investing your valuable time with us so we would know everything about your house. This is an extremely detailed analysis but we encourage you to read all of it for your benefit. Of the over 200 home value requests we get every year, 95% of homeowners are just curious and not looking to move soon or at all. We still prepare their current accurate values for them. Any questions, please don’t hesitate to call, text, email us. We know you have not determined a date to move now. When it may be time to move, even years away, we will show you all the updated marketing pieces and strategies we have created. The ones we use now are outlined in the included packages. We create the plans of action for your specific situation when it’s the best time for you.
Based on the up to date research as of this week that we’ve compiled in Ivanhoe, if you were selling now your value would be as high as $700,000 because of the very limited homes available. This is also based on all the many upgrades you both have completed. Your home is one that would have numerous offers, certainly now, but also in the future. Just a few details to mention what you have to offer any buyers– roof 2015/pool with large patio/big back yard with canal/remodeled kitchen/all tiled flooring/newer AC/remodeled open floor plan, move in condition plus much more.
You know we’ve been in an increasing market since 2011 but it is now at the highest values in history. The market is extremely active despite the virus with homes selling in one to two days in most cases over the asking price. Unless, of course, too far over asking prices. Have seen some asking for up to $100,000 more and they stay on the market for months. As long as the current interest rates are very low, the market will stay as it is now.
As always home values vary based on numbers of reasons including condition, amenities and timing of the market. We are seeing a slow down but inventory still low.
We know you may not be moving right away but an important factor to consider is:
If you’ve considered selling your property, it will sell for today’s peak values or more in 6 months to a year from now. This is not guaranteed. But we belong to an extremely knowledgeable Real Estate Coaching Group for over 10 years. It’s ran by a truly informed and totally educated coach that pays $300,000 per year to keep himself updated for our benefit. The coaches he meets with regularly are exceptionally up to date and are completely involved, up to date and experts in knowing the economic trends and futures. Again, not guaranteed but very accurate a very high percentage of the time. However, prices cannot keep going up too high because that would price too many buyers out of the market regardless of the existing mortgage interest rates therefore causing a leveling and slow down. It will get back to normal but no approximate time frame. You may already know that the real estate market goes in 6 to 8 year cycles of up and down which will eventually happen.
An empty acre in Broward will be between $300,000 and $400,000.
Appraisers also look at inside and outside condition, upgrades, roof and AC ages, etc. They very rarely give what most owners would want for remodeled kitchens, flooring, baths, etc.
If roof ages are not given in any of the homes in this analysis below and those sold homes did not pass roof inspection, insurance may be an issue. All insurance companies have become very strict about new policies regarding roofs. Tile roofs only given life of 25 years even though they last at
least 35 years. A few companies will insure less than 3 or 5 years of life left but higher premiums. If roof 20 years old, then only 5 years of life left. May not affect your rates if not moving.
Any owner selling + new homeowner would have a problem. Know there are questions, so call us for details.
Extra sqft AC space - possible $3,000 per room or more in value depending on differences
Extra Bedroom - $5,000 to $7,500 in value
Lake, Lots or Pools - $10,000 to $15,000 extra each in value depending on sqft and water area size. Lot sizes vary
We look at Pending/Back Up Contracts also to help with the research. Dom - Days on Market. CG – Car Garage. We researched Ivanhoe closed sales, back up and pending sales, active homes comparable to your home from $600,000 to $750,000 in Ivanhoe last 60 days. Only this one.
*Your Latour Model 4 bedroom 2 baths, heated pool & spa, 2 car garage, 2,210 sqft AC space, 9,658 lot, 2014 roof, AC 2017 impact windows & doors, enclosed Florida room with AC, updated kitchen and bathrooms, original older tile flooring, 15x30 pool takes up entire back yard, full wall between kitchen family room, all popcorn ceilings.
*Only this one. Will not know sold price until closed.
4 bedrooms 3.5 bath, pool, 2 car garage, 2,559 sqft AC space, 11,910 lot, 2009 roof, accordion shutters, no AC ages given, upgraded kitchen & baths, upgraded tile & wood floors, pool and patio take up all room behind house – big yard space on side yard cannot be seen from house and needs resodding.
*Only this one. Will not know sold price until closed.
4 bedrooms, 4.5 baths, 2 car garage, 2,918 sqft AC space, 13,468 lot, 2008 roof, no AC ages given, accordion and panel shutters but not all windows covered, kitchen & baths updated but not new, carpet in 3 regular bedrooms, older tile floors 1/2 bath original, all popcorn ceilings, one window AC.
*Homes For Sale in Ivanhoe. Only this one in price range above.
4 bedroom, 2 baths, pool, 2 car garage, 10,439 lot, not newly upgraded kitchen, baths original, no back yard space, no roof or AC ages given. Says shingle roof but is S Tile, hurricane panels, older tile floors, laminate floor in master bedroom, carpet in other bedrooms, all popcorn ceilings. Only says this about the house
“BEAUTIFUL HOME IN DAVIE, 4/2 IN EXCELLENT CONDITION! HAS A GREAT BACKYARD WITH POOL. VERY SPACIOUS! PERFECT FOR ANY FAMILY CALL NOW."
*Until closed, the Back Up, Pending Sale and Active homes above have no bearing on current values because only closed homes are used by appraisers.
If considering doing any more upgrades than you already have and would like some suggestions of how much to do, we will be happy to give you completely free advice. We just want to make sure you get your investment back or more.
We’ll caution you not to pay any attention to tax assessed values or online computer generated searches such as Zillow, etc. These online sites use a dollar cost average per square foot which may include larger homes or smaller homes in the same area as comparables to your home. Their “estimates” have absolutely ZERO bearing on real home sale values. As proof, the owner of Zillow sold his home in Seattle in 2018 for $710,000 LESS than what Zillow said it was worth.
You will be set up on our Free Market Update Program that will keep you updated by showing any new homes on the market, under contract, up or down in price, back on the market, closed, etc.
We will also do extra research of any ones you have questions about to find out roof and AC ages, if back on the market and why, true days on the market, etc.
We hope the information provided in this evaluation is truly helpful to you because the data is detailed and current for your benefit, not just a maybe value. We will keep you updated on the market and you can contact us at any time about anything with any questions.
Whenever you consider moving in the future, we will provide a new, current value. We provide this free of charge as our sole purpose is to ensure we are consistently keeping you up to date on the market.
Projections by the experts nationwide about the real estate market are that the values
will be staying the same or rising higher over the next year or more. Of course, there is no crystal ball but that is why we will keep you updated so you can make the best decisions for your specific situation.
We give free tips to many homeowners on a regular basis about some inexpensive
changes to your home to add value. Feel free to reply to us if you have questions about your current value. You can simply give us a call, text or email at the numbers below.
We are always happy to help. The 28 Tips report has very valuable information when you are considering a move.
If you like what we do based on this analysis and other included information, we would be truly happy to help any family, friends, neighbors, business associates or anyone else you may know, either selling or buying. We will give them the same kind of home value if wanted and other included detailed information by email, mail or in person for them to know all about us before actually considering a meeting with us.
We are very pleased to say we are old school and actually answer the phone days, nights and
weekends. If we are with clients, in a pool or ocean, having surgery (hopefully not), driving, etc., we always call back as soon as we can. We honestly enjoy hearing and talking with anyone. So call, text, email us for any reason at any time about anything, real estate related or not. In person meetings have always worked out the best for clients over the last 40 years but with today’s problems and the new way of doing many things, we are also doing Zoom meetings so we can see each other!
We are always grateful for any and all opportunities of providing you and anyone else with all our
professional services and expert advice.
We truly hope you, all family, friends, neighbors, business associates and anyone else you know are all really well now and in the future.
Plus, a $50 Publix Gift Card for you just for the referral and an additional exceptionally generous gift card for you if they decide to let us help them.
Lee – Team Leader
Tim – Marketing/Analysis/Client Coordinator
Lee Jenkins Real Estate Professionals – RE/MAX PowerPro Realty
Direct and Text: 954-540-8509 Lee@LeeJenkins.com
Just Give Us 1% of Your Trust and We Will Earn the Other 99%.
Go To Full price Home Sale
enter code FL02. Just to see one of the other options we have to help any homeowners.