What your home is really worth can be a mystery, but knowing what determines the value and what doesn’t can take the guesswork out of an otherwise confusing task. While there are several ways to estimate what your home value is, the real worth lies in what the buyer is willing to pay for it.
What Your Home Isn’t Worth
Finding Out What Your Home is Worth: To accurately estimate your real home value, a REALTOR® can do a CMA (Comparative Market Analysis) which will take into account local data, including similar home sales within a recent time period, as well as vast knowledge of the current market. An experienced REALTOR® will know how to price your home to encourage interest and avoid an overpriced home that becomes a stale listing from remaining too long on the market.