11 ways your home is valued !

11 ways your home is valued !

11 ways your home is valued

Home values can vary among different entities and here are 11 ways that your home is valued acording to www.Smrtrealtyllc.com

1. Assessed value also know as tax value

2. Cost or purchase price – what you paid

3. Insurance value is what your insurance representative says it should be insured for

4. Buyers valuation – what a buyer is willing to pay

5. Salvage value is what a property is worth sold in pieces


6. Use value – sometimes a property only has a high value for one type of use

7. Pricing value – what a seller may want

8. Replacement value – what it may cost to replace the property with a comparable one, if available

9. Reproduction value – what it would cost to duplicate from scratch

10. Sentimental value comes from the heart rather than the mind

11. Market value is the value I formulate. It occurs when a ready, willing, and able buyer purchases a home from a motivated but realistic seller. It is what I specialize in making happen.

Daniel Smrt

Realtor / Broker (9 years experience)Specialties: Buyer's Agent, Listing Agent, Foreclosure, Consulting I have been a Realtor since 2009, pretty much since the day that market declined. When most Realtors decided to hang up their License I saw opportunity to build a business. Because I built a business through one of the toughest Real Estate markets we have ever had, it has allowed me to become a much more knowledgeable Realtor. I know the meaning of taking take care of my clients whether Buying or Selling a home.While most Realtors are part-time , this is my career, this is how I take care of my family as a Husband and Father.

Leave a Reply