Friday, November 8, 2024 / by Jason Salem
A Comparative Market Analysis (CMA) is a crucial tool for homeowners looking to understand the value of their property. Whether you’re considering selling or simply want to keep track of your home’s market position, a CMA provides a detailed look at comparable properties in your area. Here’s a breakdown of the steps I take to create a market report, which includes an in-depth CMA to give you accurate insights into your property’s value.
Step 1: Gathering Market Data
To ensure accuracy, I use data from the MLS (Multiple Listing Service), specifically Realcomp, which shares information across most MLSs in Michigan. This allows for a comprehensive view of all comparable listings and recent sales near your property.
When gathering data, I focus on three main types of Listing Status:
Active – Homes currently on the market.
Pending – Homes that are under contract but haven’t closed yet.
Sold – Homes that have closed recently, provim ...
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Wednesday, November 6, 2024 / by Jason Salem
As a homeowner, regular maintenance is essential to protect your investment and ensure your home stays in great condition year-round. By focusing on seasonal tasks, you can address weather-related wear, keep your home energy-efficient, and avoid costly repairs. Here’s a helpful guide for seasonal home maintenance tasks to keep your property running smoothly throughout the year.
Spring is the season of renewal, making it the perfect time to tackle maintenance projects that prepare your home for warmer weather.
Inspect the Roof and Gutters: Winter weather can cause damage to your roof. Check for loose or missing shingles and clean out gutters to prevent water damage from spring rains.
Check for Leaks and Foundation Cracks: As snow melts, inspect your basement and foundation for signs of moisture, which can lead to mold or structural damage if not addressed.
Service Your Air Conditioner: Schedule a professional inspection and clean or replace air filters to ensure yo ...
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real estate value, realtor, home value, jason salem, fall maintenance, home care tips, home maintenance, homeowner tips, spring maintenance, summer maintenance, winter maintenance