While automated comparative market analysis (CMA) reports are a good starting place, in my experience, they do not take every factor of a property into account. No formula can accurately calculate details such as the view, location, interior design, custom details or landscaping.
A Custom Approach
As a result, I find that taking a customized approach to each of my listings is best for achieving great results. Along with taking the property’s CMA into account, I spend time at the property, compare recent sales and active listings in the area, and make sure to factor in key features that increase a home’s value.
Location and Amenities
Pools, elevators, solar arrays, water features, and additional special amenities all contribute to determining a fair price for your home. Location also plays a huge role in this. For example, is it oceanfront or perfectly perched on a hillside, is it located in a private club community, is it situated for a spectacular view, is it blissfully remote or conveniently located to all local attractions and community services? The answers have a big impact on the appropriate asking price.
What’s Your Home Worth?
Are you curious about what price you may get for your Hawaii home or property? Our Hawaii Life website (hawaiilife.com) has a fantastic tool that will put you in touch with an experienced agent to determine an accurate value for your home, a number that no automated tool can come up with.