Are you thinking about selling your home, but you're not sure what it is worth? The information to follow will be helpful. The value of your home is determined by a number of factors, including what other comparable homes have sold for in your neighborhood. Location, finished square footage above grade (not in the basement), number of bedrooms and bath rooms, condition and amenities are major contributing factors. The market value of a home is based on what the market will pay for your home. Unfortunately, it is not based on how much one paid for the home, the size of the mortgage or how much one spent on re-modeling or upgrading the property.
To get the market value for a property there are three methods: 1) get a computer assessment based on a database of sold properties; 2) have a realtor do a custom comparable study; or 3) engage a professional, licensed appraiser to generate an appraisal.
If you would like an instant computer assessment of the value of your home, visit Instant Home Value .
If you would like a discuss the value of your home with me, enter your address in the space provided below: