There are many advantages of being a homeowner, and one of the most rewarding ones is realizing appreciation on it when it comes time to sell it. It is only natural to wonder, “How much is my home worth?” when you’ve been living in your home for a few years, even if you don’t have immediate plans to relocate. Of course, if you are considering a move, it is information you’ll need to know so you can effectively plan the next stage of your life. Here are several ways to find out how much your home is worth, but keep in mind that some are accurate and some aren’t.
- Online Services- There are several online sources you can use when you want to know how much your home is worth. You just put in your property address, make any adjustments to the facts they show, and you’ll get an estimated value that is based on data and algorithms within the program. This is not the most reliable way to determine value, however, particularly with properties that are significantly different than the norm. It will give you a ballpark idea, however, which can be helpful.
- County Websites- While tedious, if your county puts data online about property values and sales, that can be a good place to go to find comparable properties in your area. There is a lengthy process to go through, so you aren’t comparing apples to oranges, but again, you can get a ballpark idea.
- Work with a Realtor- The least time-consuming and most accurate way to find out the answer to the question of “How much is my home worth?” is to ask a realtor to help you. They are experienced with doing comparative market analysis and can also give you valuable information, such as current market trends, how to improve the value of your home, and when it might be the best time to put your home on the market.
If you are looking for a real estate agent with expert knowledge of local communities and experience with valuating properties, turn to me, Sherri Dyer – Keller Williams Realty. I am more than happy to help homeowners who are wondering how much their homes are worth and assisting in any way I can to make your home selling experience a pleasant and successful one. Call today to learn more about my services.