"What is my home worth?"
Just how much is your home worth? That's the question that faces every home seller during any economic season. Sometimes the answer is easy. In hot markets, the answer can be short and sweet: If you have to ask, you can't afford it. Not too long ago, if you even took the time to ask, the property was already gone.
Real estate agents make it their business to know what houses sell in neighborhoods and for how much. That's why asking a real estate agent for a neighborhood market assessment can be such a crucial step in determining the value of your home. Agents will compare the sellers asking price to other homes in the area. Typically in volatile markets, agents will look at selling prices for homes in an area during a two to four month period. In stable markets, they might use a 12-month standard.
Added to actual sale prices, you can consult Websites such as Zillow or Trullia for a general idea of pricing. Zillow, which does not list houses in every market, gives estimated values for individual properties. Trullia gives estimated home values for neighborhoods. The problem is that no computerized estimate can tell you about the charm of a home – or how motivated a seller is. Sometimes hiring an appraiser can give a little comfort since buyers can insist that the house appraise for the asking price.
It is important to consider features such as the view, lot, neighborhood and recent upgrades as compared to other available properties in the area. Best case: Do your research and trust your local real estate expert's analysis. If you would like to receive a market evaluation please provide the information requested below.
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Contact Information |
| Name | |
| Phone number | |
| Fax number | |
| Email address | |
| Best time to contact you | |
Property Information |
| Type of property | Single Family
Townhouse
Condominium
PUD
Duplex
Triplex
Fourplex
Custom
Cooperative
Ranch
Lots & Land
Retirement
Vacation
Other
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| Number of bedrooms | |
| Number of bathrooms | |
| Square footage of home | |
| Property Address | |
| Property City | |
| Zipcode | |
| Check all that apply |
Family room Den
Formal dining room
Laundry room
Fireplace
Pool Spa
Guest house Storage
Cellar/Basement 2 story
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| Air conditioning |
Central
Wall unit(s)
None
Other
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| Heating System |
Central
Wall unit(s)
None
Other
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| View |
Bay
Lake
Ocean
Canyon
Natural
Greenbelt
Mountain
City
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| Garage |
Attached 1 car
Attached 2 car
Attached 3+ car
Detached 1 car
Detached 2 car
Detached 3+ car
Carport
None
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| Additional features or upgrades which should be considered. | |
Helpful Information |
| When to sell | Immediately
Within 2 months
Within 6 months
Within 1 year
Undecided
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| Need to find a new home |
Yes
No
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| Comments | |
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