How Much is My Redondo Beach House Worth?

Whether you own a condo, single family residence, or townhome in Redondo beach, everyone is always curious as to how much their property is worth.

The answer to that simple question is often more complicated that you might think.

For example, if you are doing a refinance an appraiser might put a different value on your home than were it being listed for sale. Or a appraisal that you needed to settle an estate might vary.

Many people turn to Automated Valuation Models (AVMs), to start with. Think of the Zillow "Zestimate" as an example.

While these tools are good starting points, they are as likely to wrong as not. Sometimes low and sometimes high. They work on algorithms using data such as the age of the property, SqFt, lot size, bedroom, bathrooms count etc.

But an automated tools does not know for example that your home has a new kitchen and the most recent sale does not. Or that yours has a view, is on a busy street, has a new roof or the many other variables.

Some of the best of the AVMs will take things into account such as whether we are in a buyer's or seller's market (makes sense) and even provide a list of the comps that were used.

So, as the general public seems to like to input their home addresses into these automated valuation websites, we would be remiss if we didn't at least try to get you to use ours.

Automated Home Valuation



If you are interested in a more accurate estimate by a working Realtor, please call 310 975 5139 or email socalistings@yahoo.com.