If you discover your home’s value has significantly increased, it might be time to reevaluate your homeowners insurance policy. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that if your home is undervalued in your policy, it could mean you’re not covered for the cost of its full value if something were to happen. When you first bought your home and drew up an insurance policy, it should have covered at least what you paid for your home. But, fast forward a few years or decades, and your home has likely increased in value. Check out below to see what sold in Stonehenge in December 2019:
23636 Stonehenge Blvd., Novi: 2 bedrooms, 1.1 bathrooms, 1,000 sq. feet, 1 car garage, Sold Price: $138,900
Stonehenge Home Sold
December 2019
23489 Stonehenge Blvd., Novi: 2 bedrooms, 2 bathrooms, 1,024 sq. feet, 1 car garage, Sold Price: $145,000
Stonehenge Home Sold
December 2019
Your current insurance company probably has policies in place for general inflation, but if you find your home has dramatically increased in value, or you’ve added an addition or made updates, it’s time to talk to your home insurance company. For more information on Stonehenge, or similar Northville or Novi neighborhoods such as Crosswinds West, Highland Lakes and Lakewoode Parkhomes, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.