What's it Worth?

Maybe you're thinking of selling, maybe you're thinking of refinancing, or maybe you're just curious about the market. But the question is, "What is that domicile of your's worth?”

Such a simple question should be returned with a simple answer, right? Well unfortunately, determining the value of your home--or any home for that matter--can be a tricky process. You can go online and nowadays there are endless websites that will promise you a fast answer with fancy charts and graphs. As tempting as it may be to trust this information, be wary of letting a computer program tell you what your largest investment is worth.

The trouble with these websites is that they have little to no local market information. They are not aware that a new park is being built, or that a four-lane highway is being re-routed, or that you've lovingly cared for and maintained your home.

The bottom line is this: If you're serious about getting an informative valuation for your home you should contact a local real estate professional. These professionals work with the actual people who will ultimately determine the value of your home--the home buyer themselves. This is their profession and they will be happy to sit with you and explain the current market conditions that affect your home value.

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Risa Topper

Risa Topper

Broker Associate
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