Selling your home is a big decision. But once you’re ready to make the move, nothing can break your stride.
Except the market value of your home.
Yep, that pesky number has stopped many a seller in their tracks over the past several years. So how do you know for sure what your home is worth? It’s as easy as 1-2-3!
A Home Value Primer
Before we dig into the steps, let’s take a moment to define true market value. In a nutshell,market valueis what buyers are willing to pay for your home. It has nothing to do with your mortgage statement—or how many special memories you’ve built there.
Of course, if you search online, you’re bound to find all sorts of values for your home out there. Many of these estimates generate automatically based on public information like tax records, sales history, and comparable sales. Sounds great . . . until you realize that your home’s unique features and overall condition were never part of the equation.