What Kind Of Home Do You Qualify For?
HOME AFFORDABILITY
CALCULATOR
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At Grey Rock Realty, we recognize that knowing the value of your home is important. Our online property estimate form calculates several key data points to offer general parameters on your home’s current worth compared to similar properties in the region. Whether you’re considering selling or plan to keep your current address for the foreseeable future, understanding the valuation of your property can yield several significant benefits, such as:
As a homeowner, you already know that the Fort Collins real estate market fluctuates based on a multitude of factors and indicators. Gaining insight into our local market temperature can help you determine if now is the right time to sell.
Even if you don’t sell, rising home values deliver instant equity that owners can leverage during a home refinance. Qualified lenders often offer various loan models with better rates based on the total amount of equity. Knowing the current valuation of your property can help you leverage the best refinance option possible and potentially lower your monthly payment.
Maybe you already have an excellent mortgage rate but still want to leverage your increasing equity. A Home Equity Line of Credit (HELOC) can prove an ideal solution. Most lenders require that you have a minimum of 20-25% equity in the property to tap into an extended line of credit that can be used for a wide range of purchases and investments.
Are you considering financing a home improvement project? Knowing what your home is worth can help you determine if a renovation in your neighborhood will help boost overall return on investment or if your money would be better spent on something else.
Of course, Grey Rock Realty’s online valuation tool can only offer an approximate estimate of your home’s total value. Contact our team of licensed realtor’s today to schedule an in-person home appraisal to pinpoint your property’s worth based on current market data.
At Grey Rock, we love Northern Colorado and want to help you find the perfect home. But don’t just take our word for it. Our 5-star reputation speaks for itself and you’ll find the entire home-buying or home-selling process with us a snap. Ready to get started? Let’s start a conversation.