Find Out How Much Your Louisville Houses Is Worth Without A Realtor

Are you curious about how much your house is worth in Louisville but don’t want to go through the hassle of dealing with a realtor or a real estate agent? Find Out How Much Your Louisville Houses Is Worth Without A Realtor with this guide that will help you determine the value of your house and what you could potentially get for it, all without the need for a real estate professional.

Comparing Similar Properties

The first step in determining your home’s worth is to look at similar properties in your neighborhood. You want to find houses that are similar to yours in terms of size, layout, and features. Here’s how:

• Identify similar properties: If your house is a 3-bedroom, 2-bathroom with a garage and an unfinished basement, then that’s the kind of house you’re going to want to look for.
• Check local sales: Look for houses that have recently sold in your neighborhood. You don’t want to cross major streets or boundaries, as these can significantly affect property values.
• Assess property conditions: Note the condition of these houses. If they’re fully renovated with features like granite countertops, they will typically sell for more.

Understanding Maximum Value and After Repair Value

By comparing your property to other, similar properties, you can get a sense of its maximum value. This is also known as the After Repair Value (ARV), which is what the house would be worth if everything was fixed and updated. Here’s how to calculate it:

• Find the selling prices of fully renovated properties similar to yours. Let’s say you find properties that sold for $200k, $210k, and $220k.
• This gives you an idea of the ARV of your property. In this example, if your property was fully renovated, it could sell for around $210k.

Estimating Value for Properties that Need Work

If your property needs some work, you can still estimate its value by looking at the selling prices of similar properties that also needed work. Here’s how:

• Find the selling prices of properties similar to yours that needed work.
• This gives you an idea of what your property could sell for in its current, unrenovated condition.

Using Online Tools to Estimate Property Value

While realtors typically have access to more detailed and up-to-date information, online tools like Zillow can still give you a good idea of your property’s value. Here’s how to use Zillow:

• Filter your search: Filter for properties sold in the last six months. Also filter by square footage and number of bedrooms and bathrooms to match your property.
• Compare with your property: Use the selling prices of these properties to estimate the value of your property.

Note: While it’s true that not all properties will show up on Zillow, and the prices may not be 100% accurate, it still provides a useful ballpark figure.

Getting a Cash Offer for Your Property

If you’re interested in selling your property quickly and easily, consider getting a cash offer. You can call us at 502-461-1450 for a fair cash offer on your house. We guarantee we can get you more money than any other Investment Company.

Conclusion

Determining your house’s worth in Louisville without a realtor is possible with some research and the right tools. Remember to compare similar properties, understand the difference between maximum value and ARV, estimate the value of properties that need work, and use online resources like Zillow. If you’re looking to sell, consider getting a cash offer for a quick and easy sale. Thank you and have a blessed day!

Video Transcript

Are you curious about how much your house is worth in Louisville, but you don’t want to go to a realtor or a real estate agent to find out? Well, in this video, we’re going to talk about how you can find out how much your house is worth and how much you will get for your house in Louisville without a realtor. So, the first thing that I do is I always look in the neighborhood to see what very nice properties are selling for that are similar to mine. So, if yours is a 3-2 with a garage and an unfinished basement, that is the prototype of the house that you are going to want to look for that has sold in your neighborhood. You don’t want to cross major streets or anything, alright?

So, let’s say you find a 200, 210, and 220, and these are all the nice properties with granite countertops and fully renovated. This is probably what your property will sell for if it is fully fixed up. That gives you the maximum value of your property, the ARV, the after-repair value, what the property is worth after everything is fixed up. Alright, so then what you’re going to do is also look and see you’ll see some higher comps there, but then you’ll also see some comps that are a little bit lower. A lot of times these are properties that were sold as is to an investor, or the property needed work, so the people who bought it got a better deal on it than what they would have if the property was fully renovated. So, if your property needs work, you can look at those as well to see, ‘Okay, well, these are the properties that are selling that need work, mine needs work, so I know that I’m going to be somewhere around this for what I sell it for.’

So, that’s how you can see how much your house is worth without a realtor. For doing all this, we use Zillow, and then we would filter for the last six months, filter the square footage, bed and bath count as well. And just a disclaimer, you’re not going to find everything on Zillow. Your realtor will tell you, ‘Oh, well, that’s not accurate, I guess.’ But most comps on Zillow are going to pull up for your realtor on the MLS, so it still gives you an excellent idea of what your property can sell for without having to list your house or talk to a real estate agent. And if you want a fair cash offer on your property, you can give us a call at 502-461-1450. We would love to give you an offer on your house, and I guarantee we can get you more money than any other investment company can. Again, it’s 502-461-1450. Thank you all, and have a blessed day.

---