As a homeowner, in a changing market it is important to know your home’s value. The value of your home is dependent on many different factors, some in your control and some out of your control. Factors that are out of your control in determining the value of your home include supply and demand, market conditions, interest rates, and the economy. Other factors in which you have some control over include, location, style, size, condition and amenities of your home. To determine the value of your home a market analysis can be conducted.What is a Real Estate Market Analysis?
A Real Estate Market Analysis is a report of current and past market activity comparing your home with other similar homes in your area. The analysis enables you to easily compare the features of your home with others and to determine the best pricing strategy for the market.Why get a Real Estate Market Analysis?A Market Analysis is a very handy tool to use in a number of different situations:1. Are you considering selling your home?2. Have you invested or thinking of investing money in your home with expensive renovations and improvements and want to know if the value of your home has increased or will increase to reflect the changes?3. Have the changes in the real estate market made you uneasy about the value of your home?
If you answered yes to any of these questions then you should have a Market Analysis completed on your home.Who conducts Real Estate Market Analysis?The best person to conduct a Market Analysis on your home for you would be a licensed real estate agent who is familiar and lives in and or does business in your neighborhood. In order to produce an effective market analysis the agent would need a tour of your home and know specific details of your home. Some basic questions they will need to know include:1. Style of home (i.e., Ranch, Colonial etc)
2. Number of Bedrooms
3. Number of Kitchens / Eat in Kitchen
4. Number of Bathrooms
5. Dining Room
6. Living Room/Den/Family Room
7. Basement – Finished or Unfinished
8. Size of lotBased off of the information on your home they will assess your neighborhood and compare similar homes in your neighborhood with houses currently on the market, recently sold or expired from the market. Based off the information they will compute the best pricing strategy for your home.Most agents do not charge a fee for this service. They conduct the analysis as a courteous in hopes of getting your listing in the event you choose to sell your home. If you own a home call a local real estate agent and have a market analysis completed on your home today!
Tag Archives: commercial
5 Tips To Help You Purchase An Air Purifier For Your Business
Today, businesses around the world are getting back to normal after the pandemic. However, there is still a lot of risk of airborne transmission of bacteria and viruses. Due to wearing a mask and staying away from people, most people have become weaker as far as immunity is concerned. Therefore, they are unable to protect themselves against respiratory viruses, such as the common cold and flu. If you are in this situation, we suggest that you invest in a good air purifier. Given below is a description of 5 tips that can help you purchase the best unit.
Technology
We suggest that you go for the best technology to cover your needs. According to the Centers for Disease Control and Prevention (CDC), air purifiers with HEPA filters can help you capture tiny particles of COVID-19. As a supplemental treatment, you can also go for germicidal ultraviolet light.
The good thing about HEPA filters is that they are made to capture more than 99% of airborne particles. They also have a high filtration capacity.
Strong Airflow
According to CDC, your chosen unit should have a powerful fan for the best circulation of air in your home or office. In other words, you cannot use residential units in your office or other commercial building. The reason is that they have weekend fans.
The point is that high-powered fans create a lot of air pressure. The idea is to make sure that there is enough airflow for proper air circulation across the whole place. For a commercial, you may want to invest in a medical-grade air purifier.
Reputation
Reputation is another major factor that you must consider. If you want to purchase a business air purifier, we suggest that you don’t just buy from any reputable brand. What you need to do is consider independent scientific testing performed in real-life situations. Besides, these tests should be done at a reputable center for validating claims.
Besides, you may want to consider case studies and get in touch with a few quoted customers in order to know about their experience. As a matter of fact, most buyers can happily share their views about the products that they have purchased.
So, you may want to read the sustainability credentials of the manufacturer before making this purchase for the first time.
Cost
You may want to purchase these devices as if you are going to make an investment. You may not want to take it as a cost or expense. Unlike a residential air purifier, hospital-grade units are far more expensive. Therefore, you may want to consider the cost factor before setting your project and purchasing these units for your business needs.
Conclusion
Long story short, we suggest that you consider these essential factors if you are going to purchase an air purifier for your business for the first time. The idea is to ensure that you get the best product that will cover your needs and stand the test of time. Hopefully, these five tips will help you make an informed decision.