What's My Home Worth Archive


What kind of return can I expect from home improvements?

Wednesday, November 28th, 2007
This will vary depending on the type of work that is done. Remodeling magazine publishes an annual "Cost vs. Value Report'' that can answer this question in more detail, based on the top 15 home improvements. A recent study it conducted says the highest remodeling paybacks have come from ...


What about appraised value and market value?

Monday, November 26th, 2007
A certified appraiser who is trained to provide the estimated value of a home determines its appraised value. The appraised value is based on comparable sales, the condition of the property, and several other factors. ...


What is the difference between list price and sales price?

Monday, November 26th, 2007
The list price is a seller's advertised price, or asking price, for a home. It is a rough estimate of what the seller wants to complete a home sale.A seller can price high, low---which does not happen very often---or very close to what they hope to get. A good way ...


Are there standard ways to determine how much a home is worth?

Monday, November 26th, 2007
Yes. A comparative market analysis and an appraisal are the two most common and reliable ways to determine a home's value. ...


How do you determine how much a home is worth?

Monday, November 26th, 2007
The short answer: a home is ultimately worth what is paid for it. Everything else is really an estimate of value. Take, for example, a hot seller's market when demand for housing is high but the inventory of available homes for sale is low. During this time, homes can sell ...


What about appraised value and market value?

Saturday, November 24th, 2007
A certified appraiser who is trained to provide the estimated value of a home determines its appraised value. The appraised value is based on comparable sales, the condition of the property, and several other factors. ...


What is the difference between list price and sales price?

Saturday, November 24th, 2007
The list price is your advertised price, or asking price, for a home. It is a rough estimate of what you want to complete a home sale. A good way to determine if the list price is a fair one is to look at the sales prices of similar homes ...


Are there standard ways to determine how much a home is worth?

Saturday, November 24th, 2007
Yes. A comparative market analysis and an appraisal are the two most common and reliable ways to determine a home's value. ...


How do you determine how much a home is worth?

Saturday, November 24th, 2007
The short answer: a home is ultimately worth what is paid for it. Everything else is really an estimate of value. Take, for example, a hot seller's market when demand for housing is high but the inventory of available homes for sale is low. During this time, homes can sell ...


Drought Imperils Second-Home Markets, Prices

Tuesday, October 30th, 2007
By Curtis Seltzer ...


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