What Is My Home Worth?
Are you thinking about selling your home but you’re not sure what it is worth? The value of your home is determined by a number of factors, including the selling price of other homes in your area.
What is Market Value?
Market value is the most commonly referenced calculation of your home’s value. It is the price a buyer would pay for your home in today’s housing market, regardless of what you paid for it or how much you’ve invested in updates and upgrades. Market value is what you hope to get for your home when you’re planning to sell. You also should know the market value so you can calculate how much equity you have in your home. Home equity is calculated by subtracting the amount you owe on your home from its market value.
At eRealty & Investments, Inc we offer a free market analysis to determine your home’s market value.