Home Values

Key Factors In Home Values

• Recent Sales of comparable houses (in terms of size, features, location and style)
• The condition of the interior, exterior, major systems, and grounds
• Local market conditions, including the inventory of comparable homes
• The existence of other competing buyers

These factors only provide part of the answer. Your own motivations also weigh heavily on any determination of value: how well does the house meet your goals? A homeownership professional specializing in the local market is best qualified to give you an accurate assessment of a home's current market value, and to help balance market realities with your dreams. Considering all of these factors will allow you to make a competitive offer.