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Answers (5)
- John Berrini, "John Berrini"
- Contributions:12
There is an old addage that something is worth what someone is willing to pay for it. That being said, the second best way is to have a CMA done by a professional. If you would like help, or for more information feel free to contact me through zillow. Living and working in Bradford, I know the area well.
- SoCal_Engr
- Contributions:5663
In order of reliability...
#1 Sell it
- A bit drastic, but the only true way to determine the current market value.
#2 Get an Appraisal
- Not as drastic as "selling", but really an "professional, educated guess". Upside is that the appraiser does this for a living, and has no vested interest in what the valuation comes out at. Downside is that it will cost you money - and has a shelf life of a few months.
#3 Get a CMA (Comparative Market Analysis)
- Another "educated guess". Upside is it is usually free. Downside is that the accuracy is only as good as the REA - who may or may not have the experience to do it well. Other downside is potential REA bias of the CMA, intentional or otherwise. If you go this route, go two-or-three and compare them against each other.
#4 Roll Your Own
Not necessarily rocket science, but may not be for you based on the question you asked.
#1 Sell it
- A bit drastic, but the only true way to determine the current market value.
#2 Get an Appraisal
- Not as drastic as "selling", but really an "professional, educated guess". Upside is that the appraiser does this for a living, and has no vested interest in what the valuation comes out at. Downside is that it will cost you money - and has a shelf life of a few months.
#3 Get a CMA (Comparative Market Analysis)
- Another "educated guess". Upside is it is usually free. Downside is that the accuracy is only as good as the REA - who may or may not have the experience to do it well. Other downside is potential REA bias of the CMA, intentional or otherwise. If you go this route, go two-or-three and compare them against each other.
#4 Roll Your Own
Not necessarily rocket science, but may not be for you based on the question you asked.
- Cheryl Tibaudo, "Cheryl Tibaudo"
- Contributions:60
The best way to get a true market value for your home is to have a market analysis done by a Realtor who knows your neighborhood well. A market analysis is free, while an appraisal can cost several hundred dollars. Check out other homes similar to yours and see what they are selling for, and don't forget that condition and location definitely impact value!
- Neil R
- Contributions:2899
Hi bgetchell -
You can check if the property is already in the site by clicking on "Homes" at the top of this page and type in the address in the address search box. You will see a bubble, click on the address to view the home's information page.
Just a heads up, Zestimate is just a starting point to know a property's estimated market value. To get the appraisal value, its best to get a professional appraiser or do a CMA.
Thank you.
Neil
Zillow Customer Support
You can check if the property is already in the site by clicking on "Homes" at the top of this page and type in the address in the address search box. You will see a bubble, click on the address to view the home's information page.
Just a heads up, Zestimate is just a starting point to know a property's estimated market value. To get the appraisal value, its best to get a professional appraiser or do a CMA.
Thank you.
Neil
Zillow Customer Support
- Leigh Bryant, "lbryantrealtor"
- Contributions:12
[hotlink removed by Zillow moderator] This website provides a link for "What is my Home Worth." She can help you research market value for selling your home. You could also pay for an appraisal to be done but that costs a few hundred dollars. Good luck!
HOW CAN I FIND OUT WHAT MY HOME IS WORTH AT 4 BOWDOIN DRIVE IN HAVERHILL MA
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