What Your Home Is Worth in Oklahoma City and Edmond
Our free Two-Perspective Walkthrough: a builder's eye and a designer's eye on your house, and a real number.
What your home is worth, and why online estimates miss
Knowing what your home is worth is usually the first question, whether you're ready to sell or just starting to wonder. Most people start with an online estimate. It's a fine place to start and a poor place to stop.
An online estimate can't walk through your house. It doesn't know about the new roof, the kitchen you redid, the extra half acre, or the view of the pond out back. It also doesn't know about the foundation crack or the 25-year-old HVAC system. Buyers will notice all of it.
Our part of the metro adds another wrinkle. Mailing address, city limits, and school district don't always line up here. Valencia, for example, sits inside Oklahoma City limits, has an Edmond mailing address, and is in Edmond Public Schools. Deer Creek Public Schools cover parts of both Edmond and northwest Oklahoma City. An estimate that sorts houses by mailing address or city can compare your home to the wrong neighbors, and buyers shopping by school district won't make that mistake.
How we figure out what your house is worth
We start with the same sales an online tool uses, then do the part a computer can't. We both walk through the house with you, in person, so you get two perspectives instead of one.
Kelli looks at the house the way a buyer will. Her interior design background tells her what buyers will pay more for, what they'll overlook, and what will quietly cost you in their offers. Mark looks at how the house is built and what it's up against. He's spent years on the builder side, so he knows what the new construction a few miles away offers buyers for the same money, and your price has to hold up next to it.
We also look at what's for sale right now, not only what sold last year. Buyers compare your house to the ones they can tour this weekend. If three similar homes are sitting on the market, that changes what yours should be listed for.
Then we put it together into a price range, with the reasoning written out. You'll see which homes we compared yours to, why we picked them, and where your house comes out ahead or behind. One of Kelli's past sellers described that first meeting this way: "She brought lots of information and data that helped us with decisions on pricing and when and how to market our house."
What you get from the Two-Perspective Walkthrough
We call it the Two-Perspective Walkthrough, and it's free. We both come, so your house gets a builder's eye and a designer's eye instead of one opinion.
- An in-person walkthrough with both of us. Two sets of eyes from two sides of the business: Kelli's design eye and Mark's builder's eye, looking at your house the way buyers and their inspectors will.
- A price range with the reasoning behind it. Not one number pulled from the air.
- The homes we compared yours to. Recent sales, current listings, and nearby new construction where it applies.
- What to fix and what to leave alone. Which projects are likely to pay you back before a sale, and which ones won't.
- No pressure to do anything with it. Plenty of people ask so they can plan. Knowing the number is useful on its own.
If you do decide to sell, the walkthrough becomes the first step of how we price and sell a home.
When the number isn't the whole question
For a lot of homeowners, the value of the house is only half of it. We hear things like "We have a great interest rate. I hate to give it up" and "We need to sell this house before we can buy the next one."
Worries about your rate, or about selling before you buy, start to get answered once you know your home's value. Mark began his career in mortgage lending, so he can walk you through how your equity, your next purchase, and your financing fit together, and when it makes sense to bring in a lender for exact numbers. You'll know whether a move works before you commit to one.
If you're weighing buying and selling at the same time, selling to trade up covers how we sequence the two. If you're ready to sell, selling your home covers what comes next.
Home values across the OKC metro
We price homes across the Oklahoma City metro, from older Edmond neighborhoods with mature trees to acreage in Arcadia and Jones and homes on the water. Land, water, and character change a home's value in ways a standard estimate rarely catches, so we price those homes against properties that are actually like them.
For a feel of your part of the metro, start with Edmond or Northwest Oklahoma City, or see every area we serve.
Ask us what your home is worth
Whether you're selling this spring or just curious, we're happy to walk through your house and tell you what your home is worth and why. Ask Mark and Kelli for a home value, or call the team line at 405-593-8326. You can also read more about The Osterman Team.
Frequently Asked Questions
How accurate are online home value estimates?
They're a starting point, not a price. They can't see inside your house, and in parts of the metro where mailing address, city limits, and school district don't line up, they can compare your house to the wrong neighbors. A walkthrough fixes both.
Does asking for a home value mean I have to list?
No. It's free, and plenty of people ask so they can plan, whether they're moving next year or just want to know where they stand. There's no pressure to do anything with the number.
Should I make repairs before I find out what my home is worth?
No. Get the number first. We'll tell you which repairs or updates are likely to pay you back, so you don't spend money guessing.
What affects my home's value most?
Location, size, condition, and the lot matter most, along with what buyers can get for the same money nearby, including new construction. Updates only add value when buyers will pay for them, and many don't pay back what they cost.
Can you value homes with acreage or on the water?
Yes. Land, water, and character change a home's value in ways an online estimate usually can't see. We price those homes against properties that are actually similar, not the subdivision next door.
Keep exploring
Ready to make your move with The Osterman Team?