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- To find the value of your home, you can12:
- Hire an appraiser to visit your home, take a detailed inventory of the property and research the local real estate market. The estimate is based on many factors, including recent sales of comparable homes; neighborhood characteristics; and age, size and condition of the home.
- Learn the sales prices of similar properties in your neighborhood, otherwise known as “comparables” or “comps.” For example, if a home near yours with the same square footage and numbers of bedrooms and bathrooms recently sold for $250,000, your own home’s value is likely in that ballpark.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.To find the value, an appraiser visits your home, takes a detailed inventory of the property and researches the local real estate market. The estimate is based on many factors, including recent sales of comparable homes; neighborhood characteristics; and age, size and condition of the home.www.nerdwallet.com/l/net-worth-home-valueThe best way to assess your home’s value is to learn the sales prices of similar properties in your neighborhood, otherwise known as “comparables” or “comps.” For example, if a home near yours with the same square footage and numbers of bedrooms and bathrooms recently sold for $250,000, your own home’s value is likely in that ballpark.www.realtor.com/sell/seller-guides/how-much-is-m… - People also ask
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