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Upon entry, experience indoor outdoor living at its finest with abundant natural light. Every detail of this home has been revitalized with top-tier enhancements. The expansive living/dining room, accentuated by a stone fireplace has walls of dual sliding doors leading to one of many terraces with tranquil canyon views.
And Did We Mention Our Agents?
According to an independent study of on-market homes, the Redfin Estimate is the most accurate among leading automated home-value tools (based on US data). We provide the most accurate value of a home for sale—more than twice as likely to be within 3% of the home's selling price as other top online home-value estimators. Like other estimates, this is not a formal appraisal or substitute for the in-person expertise of a real estate agent or professional appraiser.
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The two-car garage and comprehensive security system perfects this Hollywood Hills gem. This will prevent automated valuations from showing on all third-party real estate sites. As a real estate brokerage, Redfin has complete access to Multiple Listing Services (MLSs), the databases that real estate agents use to list properties.
How Much Is My Home Worth?
The tool provides a selection of 25 homes that have recently sold nearby. From that selection, you can select five or more homes that are most similar to your own. Then, the same core machine learning model that powers the Redfin Estimate identifies 25 recently sold homes that are similar to yours based on size, location, and other home facts.
California Housing Demand
Backed by the engine that powers the Redfin Estimate, we invite homeowners to provide input about their home and neighborhood to generate an even more accurate estimate of a home’s value. While landscaping updates can increase property value, certain projects may not provide a favorable return on investment. Avoid over-the-top landscaping that requires high maintenance and may overwhelm potential buyers.
California is building fewer homes. The state could get even more expensive
First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago - Redfin News
First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago.
Posted: Thu, 28 Mar 2024 07:00:00 GMT [source]
This may differ slightly from the Redfin Estimate displayed in the Home Report email, which shows a point-in-time value for a given day rather than a monthly average. The Redfin Estimate is updated daily for homes that are for sale, and weekly for those that are off the market. Stay up to date on market changes and find out how much homes like yours have sold in the past year. Located less than four hours from Las Vegas and an hour from Death Valley, Trona offers a desert lifestyle with home prices that can’t be beat in California.
The kitchen is appointed with newer cabinets, quartz counters, stainless steel Bosch oven/stove, refrigerator and dishwasher. It has a large center island with a seating area for those easy conversations and opens to the casual dining area. The other 3 bedroom are very considerable in size and share one full bath and one ¾ bath. The direction and pace at which home prices are changing are indicators of the strength of the housing market and whether homes are becoming more or less affordable. The Owner Estimate gives homeowners more control over determining what their home is worth. The Owner Estimate combines the best of both human insight and machine learning.
Thoughtfully designed lighting highlights the beauty of the landscape and adds curb appeal. Both companies claim they are highly accurate, with a median error rate of 2.28% for on-market homes for Redfin and a 1.9% error rate for Zillow as of this writing. Online home valuation estimator tools like the Redfin Estimate and the Zillow Zestimate can be useful for buyers and sellers alike, and both claim to be highly accurate. If you find inaccurate information about your home, you can correct it yourself or submit documentation to the companies so they can update your listing.
Housing Market Update: The New Year Brings an Uptick in Early-Stage Demand As Mortgage Payments Fall and More ... - Redfin News
Housing Market Update: The New Year Brings an Uptick in Early-Stage Demand As Mortgage Payments Fall and More ....
Posted: Thu, 11 Jan 2024 08:00:00 GMT [source]
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Demand is holding up fairly well in the face of 7%-plus rates, though some indicators are starting to show a slowdown. Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels. If you're planning to sell, the Redfin Estimate can give you an idea how much you'll get for your home. If you're house hunting, the Estimate can predict the final sale price for listings you're interested in. Check out the Redfin Estimate for homes in Atlanta, Austin, Raleigh, Rhode Island, or one of our other 80+ markets across the U.S. If you're thinking about selling your home, a local Redfin agent can give you the best estimate of how much you'll put in your pocket after the sale.
You pick at least five of these homes that are most similar to your own, which we use to calculate your Owner Estimate. The Redfin Estimate History graph provides a look back at how a home's value changes over time. The Redfin Estimate value each month represents the Redfin Estimate average of all the days in that month.
Banks and other lenders will typically require a formal appraisal before issuing a mortgage. For more on Redfin economists’ takes on the housing market, including how current financial events are impacting mortgage rates, please visit Redfin’s “From Our Economists” page. South of the boulevard, sophisticated midcentury modern single story 4-bedroom 3-bathroom home, has been extensively reimagined and has an exquisite view. This home welcomes you to enjoy the inviting living room with hardwood floors, warming fireplace, recessed lighting and doors of glass creating a great flow of indoor & outdoor living.
For the last 30 years, Ann Epperly has lived in Trona, one of only nine California cities, towns and unincorporated areas tracked by Zillow with median home values under $150,000 in February 2024. Regular lawn maintenance, including mowing, fertilizing, and aerating, is essential for cultivating a lush green lawn that enhances curb appeal. Well-manicured lawns create a visually pleasing backdrop for the property and contribute to a positive first impression, making this spring the perfect time to get your grass looking spectacular. Investing in professional lawn care services ensures optimal turf health and adds value to the overall landscaping package. Strategic tree planting not only enhances the aesthetic of the property but also provides practical benefits. Mature trees offer shade, which can reduce energy costs and increase comfort during hot summer months.
Additionally, stay away from invasive plant species or landscaping features that detract from the natural beauty of the property or make it less functional. Investing in a modern sprinkler system ensures efficient water management and optimal lawn care. Smart irrigation technology allows homeowners to customize watering schedules based on weather conditions and soil moisture levels, reducing water waste. Sprinkler systems not only preserve the health and vitality of the landscape but also enhance the property’s appeal and desirability efficiently. Xeriscaping, or drought-tolerant landscaping, is gaining popularity due to its water-saving benefits and low-maintenance requirements.
Using MLS information, user-submitted data, and market trends, Zillow’s proprietary algorithm generates the Zestimate. When you're ready for a professional home-value assessment, a Redfin real estate agent can evaluate your home in person and give you pricing recommendations based on its unique characteristics. Talk to a Redfin Agent who specializes in your area for a free consultation. We use MLS® data on recently sold homes in your area to calculate your property's current market value. The Owner Estimate will remain on your home’s page for one year or until you create a new estimate. The real estate market is always changing and we don’t want your estimate to become outdated.
A high or growing percentage of homes selling above list price indicates that the housing market is competitive and bidding wars are becoming more common. A low or shrinking percentage of homes selling above list price suggests that the market is becoming less competitive. For more of Redfin economists’ takes on the housing market, including how current financial events are impacting mortgage rates, please visit Redfin’s “From Our Economists” page. Adding a deck to your property creates a versatile outdoor living area that appeals to potential buyers.
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