What Is My Home Worth?

What is my property worth? This is one of the first questions that come to mind when you’re looking at selling your home especially in the current market. So, how do you figure your homes true value? With home prices moving so quickly tax records really don’t help, many areas are flooded with run down foreclosures so that doesn’t really help and most web sites don’t publish sold home prices. So, how do we find that true, realistic value of what your home is worth? Right here!

Home values vary, sometimes drastically even in cities right next to each-other. Here are some things that Realtors will consider when establishing the value of your home:

  • Recent sold homes in your area typically within a few miles if possible
  • Similar sold homes (i.e., style, beds, baths, condition, square footage)
  • Same school district if possible
  • Current active homes for sale

There are many web sites out there to see what your home is worth such as Zillow, Yahoo, Eppraisel and Realtor.com. But keep in mind these sites are often way out of range due to the fact that they look at all solds in one area and are NOT considering condition, curb appeal or upgraded amenities and that’s where a professional Realtor who knows your area comes in.

Feel free to use our current, easy to use web search tools right here on DerrickMonroe.com for sold homes in your area but when you’re ready to receive a free, individualized and precise market analysis of your homes current value simply call or text us at 612-282-7653 or contact us here 24/7 and we will get back to you shortly.

Thanks for stopping by & remember don’t give away your equity. Be sure to get a detailed CMA (Comparative Market Analysis) of your home before you list it for sale.

Derrick Monroe

Home Value Inquiry

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