What is my home worth?

As you begin estimating your home’s value, it’s important to note a few important factors. A home’s value is a result of several specific elements, like its location, condition, rentability, square footage, amenities, etc. Is your mountain property ski-in/ski-out? Can you walk to the town core? Is your property in an area where you can obtain a short-term rental license? Have you done a lot of remodel work since you purchased your home? Do you have big mountain views?

The answers to all of these questions can have an impact on your property’s value. These unique considerations differ from other real estate markets in our country and that’s why working with a trusted Paffrath & Thomas expert can help you determine your home’s highest and best value.

It’s an old real estate cliche: location, location, location! Location is a massive part of estimating a home’s value. And that is no different in our mountain market.

But in other parts of the country, buyers might be more focused on proximity to schools, businesses, and other conveniences that are typically associated with a primary residence. While in Summit/Park County, most of our buyers are looking for a vacation home or investment property. So they are more worried about proximity to ski areas and all of our towns’ fantastic restaurants and shops. Or maybe they are looking for a mountain escape with lots of privacy and mountain views!

People come to Summit County for a certain lifestyle, and if your property accommodates that lifestyle, it could sell for more.

The short answer is: yes! If you’ve added some improvements to your home over the years, they can add value to your property.

Maybe when you first bought your home, the kitchen was a little dated, so you decided a few repairs were in order. You replaced the cabinets, the counters, the backsplash, and the appliances. Before you knew it, you’d remodeled the entire kitchen. This could be an excellent way to find some hidden value while selling your home. A remodeled kitchen with new appliances is a great selling feature.

If you’ve done serious work on your house, like converting an empty bedroom into an entertainment space or adding an outdoor patio, don’t forget to include these while you get an estimate of your property’s value.

It’s possible you bought your property a while ago and have no idea how much it could be worth nowadays. Our “What Is My Home Worth?” tool is a great place to start. This will help us understand some of the important factors of your property and will allow us to create a detailed comparative market analysis just for you.

In this comparative market analysis, we will show you similar properties that are currently on the market, are under contract, or that have recently sold. As the longest local and family-owned real estate agency in Breckenridge, Paffrath & Thomas can offer our sellers a perspective on this market that few other brokerages can match.

Let our skill-set, proven marketing campaign, and vast network of contacts guide you through the selling process and achieve a successful closing. We look forward to connecting with you and hope to create a lasting relationship.