When it comes to determining the value of a property in Lake Tahoe there is much more involved than just looking at comps. Because almost every house is unique in the Tahoe Basin real estate agents have to look further into the details of the home in order to determine value. Interior and exterior design as well as the neighborhood has a lot to do with value. Although we still look at the comparable home sales in the area, a quick remodel on the interior can have a huge impact on your value. There are certain neighborhoods with HOA amenities that can add a quick 25-50k towards your value. Every small detail must be looked at and incorporated into the value of a Lake Tahoe property. Because Lake Tahoe has such unique homes a comp on the same street may be a completely different value than yours. Because homes are so different an agent who is trying to determine value, will need to see the interior of the home to better understand what your home has to offer. Agents will look at all details like upgraded appliances, flooring, lighting, size, and much more to determine where your home’s value is best priced. As a property owner, make sure to explain all the great aspects of your home as these could help determine a price. Lake Tahoe agents will also take a look at the things like the age of your home or whether or not you have a garage. These types of things can have an impact on determining the value in your home as well. All in all, a real estate agent will have to take a deep look into every unique aspect of your home in order to really understand the value at which your home will sell at.
