FROM THE PUBLISHERS OF “Our Town-Our Paper” HUNTINGTON BEACH & COSTA MESA CoastalRealEstateGuideOC.com MARCH 25, 2016 | VOL. 1, ISSUE 1 Offering price: $1,749,000 Address: 6262 Turnberry Circle Huntington Beach Agents info: Debbie Docherty & Amie Peterson First Team Real Estate 714-357-7152 firstname.lastname@example.org Design Features Transform Spacious Home Meticulous design and attention to detail have transformed this spacious four bedroom home with a bonus room. The exceptional floor plan invites indoor and outdoor gatherings, with the formal dining area making a seamless transition into the sunken living room and flowing through French doors to the private backyard. The cozy family room, modern country-style kitchen, and large upstairs bonus room showcase the home’s function as a relaxing retreat. Features include granite kitchen countertops and custom backsplash, pool and spa, built-in BBQ and bar, three-car garage, spacious master suite and custom woodwork. FEATURED PROPERTY: HUNTINGTON BEACH ASK THE EXPERT What’s My Home Worth? By Holly Schwartz Sounds like a simple question, but those four little words can have a big impact! Our homes are one of our most prized possessions and one of our greatest assets so it makes sense that we want to know the value. How we get it is where things can start to get messy. Here’s a look at some ways that they are derived. The Merriam-Webster dictionary defines value as “monetary or material worth.” In short, your home’s worth is dependent on the amount others will pay for it. Holly Schwartz How do we know what our home is worth? A quick search on Google populates a ton of sources, the first of which is Zillow, known for their Zestimate. Basically, a Zestimate is Zillow’s market value estimate for homes based on computer data generated from public records. Homeowners are able to edit their home facts as well if they wish to get a more accurate computation. However, Zestimates can be inaccurate. In fact, in the Los Angeles/Long Beach/Anaheim area, the Zestimate has a median error rate of 6.5%. This means that half of the homes on Zillow have a sales price that is within 6.5% of the Zestimate and the other half of homes sell for more than 6.5% of the Zestimate. Did you catch that? Fifty percent of homes on Zillow in our area have a 6.5% or more margin of error from the Zestimate. So as a homeowner, you have a 50-50 chance of the Zestimate being close to the actual sales price if your home were for sale. Continued on page 2 OVER $400 MILLION CL O SED S ALES IN 2015 ONCE AG AIN THE # 1 REAL E STATE TEAM IN OR ANGE COUNTY 9 4 9 .3 90 . 4543 ST ANFIELDGR OUP.NET According to information published by Trendgraphix for the time period of 1/1/15-12/31/15.