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How to Determine the Value of Your House

How to Determine the Value of Your House

What’s the best way to figure out how much your home is worth? Let’s discuss.

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Our team gets calls every day from homeowners and sellers alike who want to know how to determine what their home is worth.

Many assume that the best way to do so is by using the tax assessor’s value, but this isn’t always indicative of your home’s market value.

Not only is this assessment often old, but it also doesn’t take into account your home’s interior features. Many factors get left out.

Our team offers a free in-home value consultation, so please reach out if you’re interested in hearing our expert opinion.

Another way people tend to assign value to a home is by looking at the sales price of other properties in the neighborhood. This can sometimes be a more reliable metric, but won’t usually represent your home’s exact value. This is because your home and your neighbor’s home likely have a lot of distinct features at play. Even if both properties have three bedrooms and two bathrooms, for example, one might have an updated kitchen while the other might not.

Size, condition, amenities, and many other factors come into play even when comparing homes within the same neighborhood.

So if these methods aren’t the right way to determine your home’s value, what is?

Actually, it’s all about a combination of these factors. Our team offers a free in-home value consultation, so please reach out if you’re interested in hearing our expert opinion.

As always, if you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

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