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Beyond Zillow: Understanding the True Value of Your Shore Home

by: lauren, on November 3, 2023 - Uncategorized

When it comes to estimating the value of your shore home, online tools like Zillow offer a convenient starting point. However, as Jeff Quintin of The Quintin Group TV reveals, these estimates can often miss the unique characteristics that set your property apart. In the diverse landscape of Ocean City’s Gold Coast and beyond, understanding the true value of your home requires a deeper dive.

The Limitations of Online Valuations

Zillow and similar platforms use algorithms to estimate home values, but these algorithms lack the human touch. They don’t account for the nuances that can significantly impact a property’s worth, such as zoning variations, lot sizes, and the intangible value of a view.

Zoning’s Impact on Value

Take a drive down the 2100 block of Central Avenue in Ocean City, and you’ll see a stark contrast: single-family homes on one side and duplexes on the other. This zoning difference is invisible to online estimators but can greatly affect property values.

The Significance of Lot Size and Views

In shore communities, lot dimensions and the potential for ocean or bay views can drastically alter a home’s value. A corner lot might offer expansive views that an interior lot doesn’t, and this is something that Zillow’s algorithm may not consider.

The Quintin Group’s Approach to Valuation

At The Quintin Group, we understand that every block, every lot, and every view is unique. Our approach goes beyond the algorithm, considering the specific aspects of each property to provide a true valuation.

Why a Personalized Valuation Matters

If you’re considering selling your shore home, or simply want to know its current value, a personalized valuation is crucial. It can help you understand your property’s place in the market, inform your decisions regarding selling or renovating, and ultimately, ensure that you don’t leave money on the table.

Conclusion

While Zillow can be a useful tool, it’s not the final word on your home’s value. For shore homeowners, a personalized approach is key. If you’re curious about the value of your home and want an expert evaluation that considers all the unique features of your property, reach out to The Quintin Group at 609-39-8533.