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What’s My Home Worth Archive


What kind of return can I expect from home improvements?

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?

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?

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?

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?

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?

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?

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?

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?

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

By Curtis Seltzer ...


Tips for Selling Houses in the Fall

RISMEDIA, Oct. 22, 2007-If you are looking to sell your home this year, don't let the negative press surrounding the housing market discourage you. With favorable interest rates and a large buyer pool, this fall season can be a great time to put your house up for sale. Maximize this ...


New California Appraisal Law is Good First Step to Protect Appraisers and Homeowners

RISMEDIA, Oct. 11, 2007-Last Friday, California Gov. Arnold Schwarzenegger signed into law, SB 223. This bill is an attempt to reform the system that puts pressure on appraisers to hit a predetermined value for a property, set by the mortgage brokers or homeowners to make a sale go through. ...


In a Recession, Does Land Offer Refuge?

By Curtis Seltzer ...


Real Estate 2.0: Sites Allow Users to Exchange Information about Houses

RISMEDIA, Sept. 18, 2007-(MCT)-It used to be you went to online real estate sites in search of pictures and information about homes for sale. Then came virtual tours, aerial maps, and easy access to data about comparable sales. Now comes a slew of sites encouraging you to chat about real ...


The Kitchen Goes on a Diet As Homeowners Trim Budgets

By June Fletcher ...



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