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How to Determine a Home's Value?
 
How to determine a home's value?
Where can I get the approximate value of my home?
What's the difference between the estimated value and real value of my house?
Can I find the value of my home through the Internet?
 
 
   

 

How to determine a home's value?
What's the difference between an appraisal and a comparative market analysis ? An appraisal is a certified appraiser's calculation of the value of your home at a given point in time. In order to get the approximate value of your home, the appraisal takes into consideration such things as:

  • Your home's square footage
  • Construction quality
  • Home design
  • Your home's floor plan
  • The neighborhood your home is located in
  • Availability of transportation, shopping and schools
  • Lot size, topography, view and landscaping

While a home's "estimated value" is most commonly determined by either an appraisal or a comparative market analysis , its "worth" is ultimately established by what prospective buyers are willing to pay for it.

Use Quickerlend Home Value Calculator to get home value estimates. There are also a number of other Web sites and services that can crunch the numbers and calculate your home's estimated value. While these calculators rely on recent home sales and refinance transactions in your area to produce a value estimate, an appraisal or comparative market analysis may still provide you with the most accurate assessment.

 
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