How Much is Your Home Worth?
If you are like most homeowners, you’ve probably wondered how much your house is worth right now. You might be concerned about the worth of your house, or you might like to know the financial value of this big purchase or perhaps because you’re planning to relocate soon.
These are all excellent reasons. So how do you find out? Many homeowners, to be sure, make educated guesses. “We purchased this property for such and such five years ago,” a friend or colleague might claim. So I’m sure we could get something like that if we sold it today!”
Regrettably, a guess is exactly that: a guess. It is always incorrect.
Others could look up what the “building around the corner” sold for last month and use it as a starting point for their estimation. Although this is a more reliable estimation of your home’s valuation, you may also be off by tens of thousands of dollars.
Calculating your home’s present market worth is the easiest way to work out how much it will sell for in today’s market. This is achieved by looking at what comparable homes in your neighborhood have sold for previously – usually over the last six months – and evaluating the valuation of your home today based on the data and the particular features of your home. If you’re looking for an accurate market value for your home, contact us at 401-396-2888 for a free valuation. We’re always glad to help!
