How Much Is Your Home Worth?
Our home has a personal value as well as a market value.
If you think of your home as a place where a family is raised, and memories are built, it’s like those popular television MasterCard commercials: the value of your home is “precious.”
However, things get much less sentimental when it comes to how much your home is worth to potential buyers. It is your property’s “market value” that determines how much it is going to sell, not your emotions.
The market value is merely the price for which similar properties are currently being sold in the same areas. If today you were to list your home on the market, expect that you will get close to that figure somewhere.
So it perfectly makes sense to be updated of your home’s market value even if you don’t have the plan to sell your home soon. Remember that your home is an investment – and you should be aware of the value of that investment.
You might also have to move quickly in the circumstances. Knowing your home’s market value will help you decide soon – and better. 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!
