Other homes in the neighborhood influence the value of your home as well. These are known as comparables or "comps". One way to initiate home comps is by looking at the prices of homes like yours that have recently sold to help determine your home’s potential value. For example, if you...
It's even easier if you know which factors have the most influence on your home's value. Here are some of the most important factors to consider when evaluating your home worth: One of the best indicators of your home value is the recent sale prices of similar homes in your neighborhood...
Find the estimated fair market value of my San Jose CA home with an instant online real estate market valuation. Estimate my house price by address. Find what my home is worth today and price of homes with a FREE San Jose Home Value Report!
Size: While location is key, acreage, number of bedrooms and bathrooms, square footage and number of garages can all impact your home’s value. Similar homes: The price of comparable homes in your neighborhood, also known as "comps," can potentially influence your property value as well.Ho...
check out the new housing market health tool from Freddie Mac, which calculates whether housing conditions are weak, in range, or elevated, on both the national and state level, along with the metro level. This can help you determine if homes prices in your area are on the rise, flat, ...
Zillow uses data from nearby homes to determine the value of your property. If houses in your vicinity are being sold below the market value, this will impact your home’s estimated value. Zillow’s algorithm utilizes various sources of data to generate an estimate of your home value. This ...
of homes listed for sale by real estate agents and the information they give are completely free of charge. In order to maintain their site, they make money by selling advertising, and other services to professional services. Just type in your address and get the estimated value of your ...
2. You couldn’t charge enough rent in relation to the home’s value Kurzner points out that as homes increase in price, they become less desirable rentals because the return on rent goes down. It’s all about the gross rent multiplier (GRM) — the ratio of the price of real estate...
Once you’ve settled on your four to six comps, simply compare the sale prices of each to get a rough idea of the home’s fair market value. Or, try crunching some numbers to get another perspective. For instance, you can add up the prices and divide by the number of homes to get...
Interested in selling your home? Estimated home value* $263,116 *Estimation is calculated based on tax assessment records, recent sale prices of comparable properties, and other factors. 3bed 2bath 1,525sqft1,525 square feet 5,097sqft lot5,097 square foot lot ...