What are the standard ways of finding out how much a home is worth? A comparative market analysis and an appraisal are the standard methods for determining a homes value. Your real estate agent will be happy to provide a #CMA, an informal estimate of value based on comparable sales in the neighborhood. similar in size, construction and location. An #appraisal, which generally costs $200 to $300 to perform, is a certified appraisers opinion of the value of a home at any given time. Appraisers review numerous factors including recent comparable sales, location, square footage and construction quality.
Posted on: Tue, 23 Sep 2014 21:10:00 +0000