Home Buying Success Story: 1455 32nd Avenue

A busy C-suite executive working for a local biotech company wished to relocate to the Bay Area (moving from So. Cal by the end of this year!) - and let me do the hunting, sharing early access to confidential property listings—giving him first look before they hit MLS. Even with the tight inventory and high demand for homes in the Sunset area, we got him into the property early so he could perform his due diligence. This allowed him to present the winning bid, besting 6 other Buyers - while the sellers left substantial moneyon the table to accept our offer!   Interested in buying or selling a home? Contact me 📞 415-806-4966
Discover 134 Stanford Heights

Tour this amazing view property with me in Miraloma Park.            If you are curious about the dynamics of the San Francisco housing market, or wish to discuss a "what if" scenario, reach out today.
How Much Is Your "Home Value Report" Worth?

Like any investment, homeowners have an interest in tracking the value of their property. This is especially relevant during a shifting market, with rising interest rates and an inflationary environment. You may be one of those people who is wondering: “Is my property value rising, or dropping, and what did my neighbor’s house sell for?” Many sellers have utilized online automated valuation models [AVM’s] - only to be pleased when the values appear higher than they expected or shocked when the home’s instant value is low. One of the most interesting things about selling real estate is there is no retail price tag. Allow me to provide some context: Home valuation sites contract with major title companies to obtain county tax roll data and using this tax roll data plus listing data (from the MLS), home valuation sites apply their own algorithm to come up with an instant estimate of value for what a home could be worth. However, algorithms can not make adjustments to reflect whether or not a home has been updated, how well it's been maintained, or intangible values such as views or privacy. There is a large difference in these valuations. Zillow has dubbed their version of this AVM a "Zestimate" and disclose on their site that depending on where the home is located, their Zestimate could be off by as much as 40%. Side note: Zillow blamed it’s Zestimate for inaccurately predicting the value of homes; lost $530 Million(!) In short, I do not expect either of the two new technology platforms I use [Homebot and RealScout] to provide a perfectly accurate assessment of my client’s property...however, they do give monthly updates and keep clients informed about the sales in their area. Yet, this is where it gets interesting, with rising interest rates, we see demand cooling down, and price segmentation becoming more stratified. Therefore, simply averaging the sales data from homes sold in your zip code or neighborhood, 1/2-mile radius, etc. will not be accurate enough to determine what your home would sell for if it were on the market today. These apps have robust artificial intelligence, plus adjustable ancillary information (some of which I can control) and provide a consistent flow of the most relevant data to hopefully keep my clients informed. Estimating a home's market value is not an exact science. I track the weekly sales data to monitor the sales trends, segmented by price/ property type and total volume of units. Plus, I am constantly networking with top agents who do the largest amount of sales by volume, and also speak with appraisers who share the latest market information. All of this helps me to stay informed - so that I can share this with my clients. The reports I send will automatically include a tight range of value, which may need to be adjusted by updates or improvements you may have made over the past years of home ownership. I would be happy to review the most recent listings and sold comparable property, accurate to within hours or a few days at most. Please don't hesitate to reach out with any questions, or to request a complete pricing analysis. Regardless of the fluctuating changes in the market, your home is probably worth more than you think. To receive a customized valuation report, please send me an email or visit this link.
New Spring Playlist

The ebbs and flows of this market can be challenging, for both consumers in the market and those in the industry. It’s easy to get caught up. Choose your own mood and check the vibe of mix on Spotify
Chris Jurach

Chris Jurach

Phone:+1(415) 806-4966

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Chris Jurach: Engel & Völkers Luxury Real Estate Marin & SF

We help people invest in their future through buying and selling real estate and property management. Real Estate - Chris Jurach - Engel & Völkers