Have you ever asked yourself, “What is the value of my home?” but don’t know what it takes to get a home value report? When trying to determine your home value, it’s important to consult with a real estate professional who knows the market in which you live. Home valuation is a process in which a qualified real estate professional provides you with an estimate of the monetary value of your home and property. Getting a home value estimate is an important step in selling a home in order for you to make an informed decision regarding pricing your home prior to placing it on the market. Knowing a home’s fair market value is key to determining the best sales price. Sellers want to know they’re going to get the most money for their home and buyers want to make sure they’re getting the best deal. Either way, performing a property valuation will provide the most accurate starting price for the buyer and seller. it’s important to know how much you can sell one of your rental properties for or if it makes sense to buy a new investment property. That’s where a property value estimate comes into play. An appraiser will evaluate how much the property can rent for based off of similar rental properties in your area and determine a reasonable, fair market value. An appraiser can help determine rental income, annual charges (ex. utilities), upkeep and repairs on rentals. Maybe you have a rental and want to know if you should increase monthly rental charges based off of rent charged on similar units in the neighborhood. Or maybe you need to know the cash flow analysis so you can determine if your next purchase is a sound investment. All of this can be provided by an appraiser. As you can see, there are many reasons to find out your home value, with the majority of us focused on our personal homes. Get a free home value estimate and, the next time you ask yourself “What is the value of my home?”, you’ll be confident in knowing the fair market value. Let us connect you with a home estimate professional to determine how much your home is worth.