How Much Is My House Worth?

How Much Is My House Worth?

How Much Is My House Worth?

The big question. You can’t get too far selling your home if you can’t put a price on it. If you hire a full-service real estate agent, they will use “comps”, short for comparables, to help draw an accurate picture of what your home is currently worth. Agents also draw upon years of experience and local, neighborhood insight to price your home.

If you’re a FSBO (For Sale By Owner), you can do some homework online and come up with a listing price on your own. Visit sites such as MagicBricks, 99Acres, CommonFloor and search for homes in your neighborhood or town. Compare your home to the homes for sale or recently sold, and make your own valuation based on square footage. You can also spend a few bucks and hire a home appraiser, who will give you a full report and a number.