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Friday, May 2, 2014

What is my home worth?

A lot of homeowners are curious about their home's worth and often don't get reliable answers!  You can check zillow, you can check the tax office, and you can see how much your neighbor's house is selling for.  But how do you get an accurate idea of market value for your home?
home value

A Comparable Market Analysis is a tool that REALTORS® use to determine how much a home will sell for in the current market.  For instance, a homeowner called me this week and wanted to know what her home's value is because her neighbors had been thinking of selling and she didn't think she'd be able to.  I put together some numbers for her and was able to easily explain the current market conditions and how her home stacks up.  She had no intention of selling, and that's perfectly ok.  With the Comparable Market Analysis, she was able to better plan what she wanted to do, and have accurate information about her home!
A Comparable Market Analysis can come in handy for many reasons- looking to refinance? Take out an equity loan? Sell in a year?  Possibly buy another home?  This will allow you to make a more educated decision and take some of the questions out of the process.  You can check your home's value here. Or give me a call- 910.545.0450, and I'll happily provide a comparable market analysis to show you what your home is worth!

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