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Answers (5)
- Wendy Boulden-Heffernan, "bouldenw"
- Contributions:26
You can have an appraisal done, but that will cost you anywhere between $250-$400, depending where you live. My suggestion is to talk to a local agent and ask them to provide you with a Comprehensive Market Analysis - this costs you nothing and will give you a price range of where you should list your home. At the same time, you can discuss the agent's marketing strategies. If you need help finding an experienced agent in your area, let me know. Good luck!
- Amelia Jeffers, "Amelia Jeffers"
- Contributions:5
The advice given here is very good; an appraisal is the best (although not foolproof) way to determine the value. And, an experienced Realtor with solid knowledge of your area should be able to give you an opinion of price. But, if you are trying to do some research on your own, you need to look at homes in your neighborhood (or, if the pool is too small, in a neighborhood that is very similar to yours) that have sold in the past 3 - 6 months. Compare those homes with yours in terms of size (above ground square footage), number of bed / bath rooms, upgrades, age of roof, lot placement (on a busy street vs. cul de sac), kitchen size and amenities, etc. It isn't exactly complicated, but it does require a comprehensive and objective comparison of your home to homes that have actually sold. Beware of comparing your home to homes listed for a certain price - until they sell, they aren't really a "comp".
- Brian Teyssier, "Brian Teyssier GRI"
- Contributions:964
Thanks for your question "lvco". The answer is simple, have it appraised or if you plan on putting it on the market, have a full time professional Realtor do a market analysis or you.
Good luck and if you need a referral, feel free to reach out to me.
Good luck and if you need a referral, feel free to reach out to me.
- Gordon Crawford, "Gordon Crawford"
- Contributions:15
If you are trying to determine what your home will sell for then you might invite 2-3 Realtors to provide you with marketing plans. They would include an assessment of what they believe your home would sell for and how long it is likely to take. The good news is that the agents would provide your information for FREE.
If you are thinking of refinancing then you would probably be required by the lender to buy an appraisal, which may or may not give you a true indication of market value.
Ultimately your property is worth what someone is willing to pay, regardless of what an appraisal or marketing proposal indicates.
Good luck.
If you are thinking of refinancing then you would probably be required by the lender to buy an appraisal, which may or may not give you a true indication of market value.
Ultimately your property is worth what someone is willing to pay, regardless of what an appraisal or marketing proposal indicates.
Good luck.
- Broker Dave, "Broker Dave"
- Contributions:95
The best way is to get an appraisal but that can cost from $300 to $400 dollars, next best way is to contact a real estate agent and have them do a market value report for you. If you don't have an agent contact me, just click on my picture above and you will be directed to my bio here on Zillow.
How do I find the market value of my house?
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