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How Much Is Your Home Worth TODAY!
Free Broker's Price Opinion for Collin County Residents*
And
Clients of Jeanie Elliott REALTORS
If you are thinking of selling your home, you'll want to know about what it is worth before putting it
on the market. As a local real estate expert specializing in residential real estate in Allen TX, Fairview,
Frisco TX, Lovejoy ISD, Lucas TX, McKinney TX, Murphy TX, Parker TX, Plano TX, Prosper TX,
St. Paul TX, Seis Lagos, Wylie TX, Melissa TX, Celina TX, and other parts of Collin County Texas,
I analyze home and property prices to determine their market values every day; and I have specialized
in these markets for almost "28 years" and successfully closed over 2,800* successful home and property
transactions in Collin County as well as other areas and neighborhoods in Dallas County, Denton
County, Grayson County, and Rockwall County in the North Texas area including over 175+ homes
and property transactions sold and closed in the Seis Lagos communities of Lucas Texas; both in the
Lovejoy ISD and Wylie ISD areas where several of my available properties are currently featured
on my website now at these links below:
SOLD In 60 Days Seis Lagos
SOLD In Lucas Texas 2008
*Note: A large number of these 2,800 property transactions sold were in large lots, land and
acreage lots, homes on acreage or land, farms and ranches, new custom homes, builders
model homes, and fine country estates or homesites in the smaller growing cities and towns
of Fairview, Lucas, Lovejoy ISD, Celina, Melissa, Parker, Murphy, Wylie as well as
gated communities, guarded communities, luxury homes, zero-lot or garden homes, and
many new homes in the larger cities including: Plano, Frisco, McKinney, Allen, Carrollton,
Richardson, Garland, Addison, and parts of North Dallas where large lots or choice home-
sites are available to "custom build," or master-planned communities are available like the
Stonebriar communities in Frisco Texas, Stonebridge Ranch communities in McKinney,
and Twin Creek communities in Allen Texas where Jeanie Elliott has sold properties for
the past 20 to 28 years.

A Lucas Texas Custom Estate Home On Acreage Sold
By Jeanie Elliott REALTORS
Lovejoy ISD, Forest Creek Estates, in Lucas TX
When I complete an evaluation of the property for the analysis, I will compare the information
you provide to the most comparable and recent sales available, and to similar homes (properties)
on the market in your area that are in our multiple listing service (MLS) as well as some that
may not be available in MLS that I have access to through other sources, both private and
public.
This will enable me to determine an approximate value or range of value without seeing the
property. However, if you need an expert opinion and are serious about selling, I would highly
recommend, and I am always better able to give a more accurate and detailed opinion if you
will set up an appointment with me to view it with you in person, meet you personally, and,
thus, be better prepared to determine the home's (or property's) best marketing and selling
features, amenities, and that special buyer "appeal" that could affect the analysis of a
home's (or property's) real value or "optimum" value by at least 5 to 15% in many cases.
However, if you are just in the beginning stages of deciding upon a possible move,
change, purchase or sale of an existing property before deciding upon another, there
are some good resources that are "FREE" below that you are welcome to use to
help you get started.
Feel free to use this link to use Freddie Mac's Conventional Mortgage "Home Price
Index to get an estimate of Your Home's Values based on rate of Appreciation set by
FMAC for your area since its original purchase date. Also, for more information
about how real estate appreciation affects your home's value, click the Home
Appreciation link after that...click both links below:
(Note: the longer you have owned your home (property), the more likely this will be
a somewhat reliable source for you, as it is not a good indicator of new homes in
new subdivisions and developments still in the first few years and beginning of
its build-out stage.)
Home Price Index
Home Appreciation
A property's market value and appeal can be greatly impacted by many different factors
including: desirability of its location to homebuyers; desirability of floorplan to todays
homebuyers wants and needs which varies by size, price range and locale; special or
unique amenities; flexibility of floorplan; unique and beautiful natural settings with
mature trees, creeks, lush gardens, and picturesque views of lakes, hills, woods, etc;
seclusion and privacy and/or gated or guarded security features; state-of-the-art art
technology, special audio/video equipment and media, and wiring or internet accessibility;
size and location of the home's lot or homesite including corners, culdesacs, creeks and
lake front or lake view locations; other special improvements outside the home like barns,
swimming pools, fountains, koi ponds, fencing, cabanas, outside kitchens, spas and
custom hot tubs, and other water features, ponds and lakes; gazebos and built-in grills,
tennis courts, green houses, horse facilities, gardens, sports facilities like tennis courts,
golf driving range, and workshops, detached garages, porti cocheres, guest quarters
or maid quarters; also size and location of all rooms especially bedrooms and bathrooms;
the amount, type and suitability of storage, both interior and exterior, and closet space
or custom designed storage like wine cellars, cedar closets, basements, and unfinished
or even partially finished bonus rooms for future expansion; the number, uniqueness,
beauty and compatibility of special custom cabinetry or built-ins; direction the home
faces or direction of backyard to the sun and shade at different times of day; desirability
of the homes color selections including exterior paint and brick or stone choices,
paint and wallpaper on the inside of the home, and its complimentary decor features like
lighting, plumbing fixtures, flooring, wall coverings and window treatments; amount
and type of landscaping and special exterior accents including natural stone, brick,
shutters ,wood, copper and stucco; effect of natural lighting or effect of shade and
their appeal to the home's atmosphere or views; amount and functionality of
living space; homes adaptability for occupants with special needs; age, condition,
and remaining life of the homes major components such as heating, air conditioning,
roofing type, color and style, and structures such as framing and foundations;
age or year the home was built as well as age, desirability and quality of any
updates and remodeling and if these are most likely to be desirable for resale
in its market; as well as the home's proximity to schools, playgrounds and parks,
shopping, major roads, gyms, public and private country clubs, golf courses, or
other area recreational and homeowners association facilities like community pools,
tennis, parks, playgrounds, boating, volley ball courts, nearby equestrian facilities,
and more; also the proximity and affect of what is next to or near the home such as
farm animals or other animals; commercial businesses, much larger or much
smaller homes and the average market value and overall appearance of other
surrounding or adjacent homes in the area; the type of public utilities available
and costs; as well as the noise level or effect of traffic and busy roads on the home
itself or on the community as a whole; and other locational differences include:
proximity to power or utility lines or easements, water towers, land fills, airports
and low flying, flight patterns; and many other factors include the number of
homes for sale in proportion to the number of sales over a given period of time,
the season and time of the year, and the local and/or national economy are all
factors that buyers will use to determine if the home is a good match for their
needs, desires, and a good value for the real estate market at the time of the sale.
Again, this is not every thing that can affect the home or property evaluation,
but just some of the variety of things that will be considered in a comprehensive,
analysis or best evaluation of your property's market value.
This analysis is known as "Comparative Market Analysis", or CMA, but I like to refer
to it as a, "BROKERS PRICE OPINION," because a "CMA" is normally based mostly
on factual information supplied from MLS sales data like that used by Certified Real
Estate Appraisers, but does not always take into consideration the marketing, appeal,
and sales approach that most established brokers are aware of and that almost all
residential estate transactions are influenced by (with the exception of investment
property sales and possible REO sales) at least some of that "human" element of
how a property affects the homebuyers emotions, moods, and the atmosphere it
creates or those special needs it fulfills for that family or homebuyer that chooses
a particular property for their own "home" from the list of many available.
Also, a CMA does not always taken into consideration the industry "trends,"
both the major one and minor ones, that are continuouslychanging with what
buyers are wanting in a property and what item, features, etc. they put more
value or less value on in their home search and decisions. These "purchase
patterns" and both area trends and industry trends, especially in local areas,
are more easily seen and understood by knowledgable brokers that are active
on a regular, daily basis, and have a dedication to the industry as well as an
established tract record of helping buyers and sellers in today's markets and in
the past.
So, when these experienced, skilled brokers go out to give an evaluation of a property,
it is also somewhat "subjective" because they know that is the way most buyers will
critique the appeal of the property for themselves, and rate it in terms of desirability
of meeting specific needs, wants, and dreams and these "buying trends and patterns."
Thus, the best brokers that have sold many properties over a long period of years in the
industry, have this insight from their long history and tract record of many closed
property transactions behind them in as variety of areas, types of properties, etc., and
are also active, fulltime & continuing to work with and represent buyers and sellers
in today's complex market as it changes, and staying aware of the"human" factor in
giving a broker's opinion of value. This insight is very valuable in setting the value, and
used to adjust the home's value accordingly because of their understanding and working
"insight" of the market more fully than just looking at MLS sales data and averaging
some numbers to assign to all properties alike the "price per square foot" method which
is based on averages with a high and low end for the area. This method does more
harm than good, unless your property is in an area where everybody's homes all
look alike, were built by the same builder on "cookie cutter" lots and have many
similarities but very few differences. There are areas where that describes
most of the homes. But, if your neighborhood is not like that, especially in
areas that are mostly "custom" homes with a lot of variety, be cautious of the
broker or agent that just gives you a "price per foot," type of estimate to
determine your homes value, because it normally means that they have not
developed their skills yet, are not knowledable about either the type of home
or the area, and/or have limited experience and tract record of closed sales in
the price range, area, or type of home being evaluated.
Also, please keep in mind that this "opinion of value" will be affected by how familiar,
knowledgable and experienced the broker or agent is that is conducting the analysis, and
if that party has a vast understanding of the market evaluation process, has also developed
an expert understanding of what today's home buyers are seeking, and knows how to market
your home to that right "group of buyers," etc. by targeting the marketing and advertising
to attract and appeal to the type of individuals that will want what the homes offers and
to how its best features and amenities fit into the desirability of the buying trends and
buying patterns for your area.
This is, of course, why it is exceptionally important to work with a broker or agent that
has an established tract record, and is not learning the business or guessing with the help
of the Multiple Listing Services many new program features...because it is possible for
any MLS agent to generate a "CMA" just by using the computer techniques even if
that agent has little or no experience, but that computer generated "CMA" will not take
into consideration the uniqueness of each property ; it basically just gives an "average"
of a group of homes in an area, and this method alone will most likely overprice
some homes and underprice others. Thus, the overpriced homes will stay on the
market too long, and the underpriced homes will not be getting a good return on
their investment and sell at their optimum value for the market.
Thus, unless the broker or agent has successfully sold and closed a good number of property
transactions and encountered just about every type of situation in that process that might
be a factor in pricing the home fairly and appropriately based on its appeal, special features,
and/or the potential negative factors ( determined by supply, demand, buyer feedback and
brokers experience) as well, it is likely to be either underpriced or overpriced with the simple
"CMA" or computer generated analysis, because the computerized analysis does not include
this broker insight, experience and knowledge that the highly-skilled veteran broker or agent
is most able to provide because they have that established tract record of working with
with many buyers and sellers over a long period of time as well as daily in the present market.
I have successfully closed over 2,800 home and property transactions since 1980, and
would like to put my vast knowledge of the industry to work for you if you are planning
to move, purchase or sale an existing property soon. I am also the broker/owner of my
own company incorporated in 1987, and graduated with a Master of Science Degree from
Texas A & M University in Commerce Texas in 1979, with double (Broadfield) business
major and a Secondary & Higher Education Teaching Certificate, even before getting
my Broker's License on September 17, 1980, and taught at Texas A & M University by
invitation, then went on to work for a major custom homebuilder, Goodman Homes,
while finishing my higher education and Master's degree in Business and completing
all the course requirements for the Broker's license for the Texas Real Estate
Commission. So, I actually, I have almost 30 years of valuable education and
experience in this industry, and I am confident there is really almost nothing I can
not market or sell with your best interest in mind in all market conditions.
Just fill out the form below and provide the information I need and I'll be glad to perform
a CMA your home and I will provide you with the results by email at no charge.*
The more details you provide, the more accurate this service will be. However, if you are
serious about selling please consider making an appointment for me to tour the home
personally with you so I can see the home's uniqueness as all properties are different in
location, condition, amenities, and appeal that these do affect the price a motivated buyer
is willing to pay. I would love to work with you and market and sell your home or
property from the initial listing to a successful close, regardless if it is a new home,
preowned home, custom estate home, home on acreage, farm and ranch property,
luxury home in gated or guarded communities, estate lot, acreage lot, or large
acreage estate lot, or land tract for residential development.
To read about some of my accomplishments and history of my sales
experiences that are significant to my capabilities and abilities to
offer my clients the very best and most knowledgable real estate
services in the industry in the areas where I specialize, please
tour these pages on my website:
SOLD Forest Creek Lucas TX
SOLD 2007 SeisLagos TX
SOLD In 60 Days Seis Lagos
Thanks again for visiting my website; please complete the information
below and I will be glad to assist you in any area I normally specialize in.
"Put Success on Your Side Today"
Regards,
Jeanie Elliott
Jeanie Elliott REALTORS, Since 1980
972-612-2277 office
214-538-3776 mobile
Collin County Real Estate Specialist & Country Properties Expert
Estate Home & Homesite Marketing Consultant
"Personal Service is My Goal...Integrity In Selling is My Commitment"
*note: free CMA within broker's effective service areas only; please check with Jeanie at 972-612-277 for more details or to verify locations.
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