Free Market Analysis Kennewick

Here’s some helpful info about getting a free market analysis in Kennewick. First, PNWR.com describes this as a “professional evaluation of your property’s value based on a range of factors, such as its location, size, condition, and comparable properties in the area.” The goal is to calculate a “realistic price range for your property based on market trends and conditions.”

These are only provided by local real estate agents licensed in your state and active in your local market. Their access to the MLS enables them to run a CMA or comparative market analysis, which, as described above, uses recent sales data to determine the “going rate” for your property. The trick here is the vast amount of data stored on the MLS about every property that makes a CMA valuable.

The information stored comes from detailed property inspections used by mortgage lenders to calculate the loan amount. This includes the usable and unusable interior and exterior property and land square footage. Plus, details about the location determine the value, such as neighborhood, schools, and other items of interest. According to RocketHomes, median property values were nearly $385K in July 2023. Call today to learn what your home is worth!

More about this area: https://www.investopedia.com/articles/realestate/12/real-estate-valuation.asp

• Get a free market analysis in Kennewick from an experienced local real estate professional.