Rental Home Evaluation
Whether you are thinking about listing your property for rent or want to make sure your current renter is paying fair market rent for your home, we can help guide you on the current rental market trends. If you would like to get a free estimate of your property’s rental value, please fill out this form and we will get in touch with you!
Rent Determination
In order to determine and set an initial rental price, it is necessary to understand multiple factors such as the location of the property, condition of the property, square footage, price per square foot and surrounding school districts. Ultimately, price determination is determined by a combination of market data and a physical inspection of the property when available.
Days On The Market
The number of days on the market prior to leasing is an important indicator of price determination. If the property is priced too high, it will extend the number of days on the market and directly correlate to higher vacancy periods. On the flip side, if the property is listed for rent below rental market value, the property will lease quickly, but could negatively impact gross rental income potential. The Rental Market Analysis will ultimately assist a property owner in determining where to price the property and approximately how long it will take to lease.
