Sherwood Home Values

Even throughout the real estate crisis, Sherwood home values have increased over the years. The property value attached to Sherwood homes has been able to steadily rise because of the benefits of living a Sherwood lifestyle, such as living in a town that values family and community, a city with an excellent school system, and beautiful green rolling hills as its backdrop. Whether you are looking to purchase a Sherwood home or want to sell your residence or land in Sherwood, rest assured that The Gardner Team is committed to your success.

Home Value Reports

With knowledge comes power, and we offer a number of different home value reports that explain trends and changes in the Sherwood Real Estate market to help you make informed and educated decisions about buying or selling your Sherwood land or home. The reports show how Sherwood home values have changed over time and allow you to compare current values with those of previous weeks, months and years. All of our reports are absolutely free upon request, and we will be more than happy to explain any of the Sherwood home value market trend reports to you further.

Available market trend charts and reports:

• Average home values in Sherwood, Oregon, week over week and month over month
• ’Real time’ market report complete with Sherwood price trends and telling indicators of how the market is moving.
• Regional Multiple Listing Service Latest Action Reports, which explain monthly trends at a very detailed level.
• Comparative Market Analysis specifically tailored to your home, including prices and neighborhood and residence reviews
• Quarterly John L. Scott Housing and Market Trends Report that includes all towns near the Portland Metro area.

Determining Property Value

We look at a variety of factors when determining Sherwood home values, including the prices of Sherwood homes that have sold recently, active listings that are currently for sale, and expired Sherwood home listings that never sold.

Factors that affect home values:

• Location
• Crime rates
• Home improvements and upgrades
• Neighborhood and surrounding areas
• Time frame of the seller
• Time of year

A crucial determinant we look at when determining Sherwood home values is the location of your land or residence. Luckily, there are so many great pockets and neighborhoods in Sherwood that location is less of a factor than in other areas, but location does still matter. You can make as many home improvements, additions and upgrades to your home as you want, but unfortunately you can’t change the location.

Additional Home Value Factors

We also look at the crime rate of an area when deciding on property values. The low rate of property crime in Sherwood (1.76% as compared to 3.04% in Washington County and 3.67% in the State of Oregon) definitely works in the favor of Sherwood home sellers. Of course home improvements, such as new carpet or floors, landscaping, painting and other additions play a role in the value as well. There are instances, however, where sellers make improvements specifically to raise their property value and end up disappointed when the improvements don’t increase the value as much as they hoped. So before spending a lot of money of home improvements or upgrades, check with the Gardner Team first so we can advise you whether doing so is worthwhile.

Another factor we look at is whether the seller has the time to wait for the best price or needs to sell the home as soon as possible. When time is a factor, sellers will often accept lower offers. Finally, we look at the time of year. March to August is generally our busiest season, since people tend to avoid moving or making major purchases like a home around the holidays.

Home Values in Sherwood

Due to the excellent public schools, friendly neighbors, and healthy, green lifestyles in Sherwood, the home values have been able to increase in a time when the real estate market overall is floundering. If you have any questions or would live reports on Sherwood home values, call The Gardner Team today! The Gardner Teams sells more Sherwood real estate than any other Sherwood realtors, and Jason is nationally recognized as one of the top 1% of all John L. Scott Real Estate producers.