how to know how much your house is worth

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Just select your address and we’ll give you an approximate value for your house. However, please remember that it’s only a guide and the mortgage lender will always want a valuation of the property to confirm how much it’s worth.

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Speaking of that real estate agent, they’re going to come in handy when determining how much your house is worth. They can do a comparative market analysis for you, which is a valuable tool. The comparative market analysis (also called a CMA) is a report that reviews key pieces of data related to a property to estimate its value in current market conditions.

Knowing what the house is worth before making an offer isn’t just a matter of paying more than you should, or having a low offer rejected by the owner. If it turns out you’ve offered more than the eventual appraisal amount, you have a problem. Fortunately, technology allows you to discover the value of a house before you make a formal offer.

Whether you own an investment property or your own home you may want to find out how much your house is worth, absolutely free! Today I’m going to show you three different ways to find out how much your house is worth absolutely free.

Just select your address and we’ll give you an approximate value for your house. However, please remember that it’s only a guide and the mortgage lender will always want a valuation of the property to confirm how much it’s worth.

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If your home is worth $100,000 or less, it’s best to charge rent that’s close to 1% of your home’s value. If your house is more expensive, however, (meaning that it’s worth over $350,000) it’s a good idea to charge less rent so that you can attract more buyers.

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In the big picture, spending $300 or so to getting a really solid gauge of what your house is worth will be money well spent. 2. Your next step is gaining an understanding of your local market, specifically figuring out how your home fits in with other homes in your market that are currently listed or recently sold.

Online calculators can be used to estimate the value of your house. Most use a combination of public data and proprietary data to determine property value. Generally, you only need to submit your address, and occasionally your email, in order to receive an immediate valuation report.