How to Find True Home Value of Your House

Trying to find the true home value of your house?

Not sure how much your home could be worth in the current market?

If you’re thinking about selling your home it’s important that you do everything you can to get a great offer. By thinking carefully about your home’s value, you’ll have the easiest time possible selling it and you’ll avoid getting less for it than it’s worth.

Luckily, we’re here to help. Below we’ll tell you how you can find the true home value of your house.

1. Get a Professional Appraisal

One of the best ways to find your home’s value is to get it appraised by a dedicated professional.

A professional appraiser can be a great help when selling your home and can consider all of the details to help you determine what it’s worth. They’ll also be able to understand how it compares to other homes in the area and the local real estate market as well.

2. Work With a Realtor

While a home appraiser can be helpful for determining your home’s value, working with a realtor can also be a big help.

A realtor can do a comparative market analysis (CMA) on your home to compare your home against others in your area. They’ll look at the current market and will see what other homes have been selling for to help you determine your home’s value

A CMA will usually be done for free as well if you’re thinking about listing your home with a real estate agent or realtor.

3. Do Your Own Comparisons 

While working with an appraiser or realtor is ideal, you can also do your own research to discover what your home may be worth. The best way to do this is to perform your own comparative market analysis by looking at what other homes are selling for in your area.

While it will take a little bit of digging, checking out real estate listings online and seeing what comparable homes have sold for can be helpful for discovering your home’s value.

4. Try an Online Valuation Tool

In addition to scoping out real estate listings online, there are some free valuation tools that can also help you find the value of your house as well. An online valuation tool will automatically check property records and do calculations to determine what the value of your home may be.

There are many on the web you can use, but some of the best are on sites such as Zillow, Redfin, and Chase. 

The great thing about online valuation tools is that they’re quick and easy to use. If I were interested in selling my house fast, for example, using an online valuation tool would be a great place to start. 

Using These Tips to Find the True Home Value of Your House

If you want to find a true home value, you should be happy to learn that there are several great options out there. By using one or more of the methods above you’ll be able to discover your home’s value and you’ll ensure that you have the easiest time possible during the selling process. 

Looking for more real estate tips and advice? Read through our blog now to find more useful ideas and interesting articles.