Any valuation of your house is an estimate. Even a professional appraisal is an opinion, albeit an educated one, of what the property might sell for if it were on the market. A property’s value is also a snapshot in time, because its value changes over time: the local housing market might improve.
Other ways to find out the value of your home. Comparing your home to recently sold properties can also help you understand what your home is worth.
Even if your neighbor’s home is similar to yours, it’s not likely to be identical. A REALTOR can help you evaluate your home’s worth in the context of other nearby properties. Cost when you purchased the home. Regardless of how long ago you purchased your property, the value can have gone up or down. Desired value.
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How much is my house worth? If you’re curious about your home value, we’ve got tools to help you figure out how much your house is worth. The combination of our property value estimates, our interactive pricing tool and local real estate agents gives you the insight you need to price and sell your home.
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The short answer’s easy: A house is worth whatever someone will pay for it. The long answer depends on the market and whether you’re asking a lender, agent or county tax assessor.
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If you’re planning to sell, the Redfin Estimate can give you an idea how much you’ll get for your home. If you’re house hunting, the Estimate can predict the final sale price for listings you’re interested in. Check out the Redfin Estimate for homes in Atlanta, Austin, Raleigh, Rhode Island, or one of our other 80+ markets across the U.S.
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