09/04/2026
We get asked this all the time:
“What is this house worth?”
Jeffry’s answer?
“It’s what a buyer is willing to pay.”
He’s right. But there’s a lot behind that answer.
What a buyer is willing to pay is influenced by three big things:
📍 Location
Where the property is and the characteristics of its surrounding area.
🏡 The property
Size, layout, lot, condition and features.
📊 The market
Interest rates, inventory, seasonality and what buyers are doing right now.
Put those things together, and you start to see why there isn't one magic formula for determining value.
Two homes can look similar on paper and sell for very different prices.
And ultimately, the market—not a Zestimate, an old appraisal or the price your neighbor got three years ago—determines what a buyer is willing to pay today.
That’s the part of real estate we love helping our clients understand.
