So you have heard that prices have gone up…and you have probably checked Zillow.com for your home’s price! You own a home in the Camden area of Elk Grove CA….did you know that right now this is one of the most sought after neighborhoods in Elk Grove? Zillow.com does not take this in to account on it’s analysis, so your Camden home is valued at the same as others in neighboring communities.
A real life recent experience. We had an investor client contact us to sell one of his investment properties in the Camden Park area of Elk Grove. It was a tri level, 4 bedroom, 3 bathroom, 2251 square feet with a 2 car garage, no updates…no granite counter tops, no new cabinets, carpet was 3 years old and it had lino in the kitchen and bathrooms. Zillow.com today, EVEN after this home has sold and closed, estimates this floorplan at $254,457 on their ZESTIMATE! Are you ready…it recently closed escrow at $295,000, with no credits to the seller, no repairs done by the seller, and the buyer is very happy and thinks they got a deal!
And just over one year ago here is what this same floor plan at 8701 Goldy Glen Way, Elk Grove, CA sold for…4 bedroom, 3 bathroom, 2251 square feet with 2 car garage, sold on March 25, 2012 for $204,000. So, $295,000 on May 20, 2013 is how much more??? Can you say over 30% increase in 14 months?
So what does this tell you as an Elk Grove home seller? Don’t keep checking Zillow.com to see if your home’s price has gone up. Don’t even check Trulia.com for their estimate – on this home, it was $265,000!!! So as the home seller you could have lost over $30,000! Call us today at (916) 405-5737 to get the value of your Elk Grove home! We have buyers waiting to purchase your home NOW!
Use our quick and easy site to get an instant value for your home! For a more accurate value, or to talk about getting your home on the market, give us a call at 916-405-5737 today!