Determing Your Home Value in Pineville LA 71360

 Determining  Your Home Value?

The value of your house is not based on what you initially paid for the house, how much you’ve spent to improve the property or the fact that your best friend insists he would pay a specific amount for your house if he had the money. Your property’s value is what a ready, willing and able buyer would pay. To determine that value, it is necessary to look at comparable properties in the neighborhood which sold recently. When calculating your home’s value, consider your property the “subject property” and the sold properties “comparable properties.”

 

 

Look for comparable properties in your neighborhood, or similar nearby neighborhoods, which sold in the last six months.

Select the three comparable properties which best match your house in age, size, lot size, roof type, amenities and style. Select a comparable with a similar square foot size, with no more than a 200-square-foot difference.

The above conditions play a major part in determining your homes value.. LOCATION...MARKET ..AGE ... NEIGHBORHOOD .. You cannot change these ,  they are what they are. IMPROVEMENTS and CONDITION is something you can change, Make sure your home is in the best condition, do any improvements before putting the home on the market. A well maintained house will fetch more money than a home that needs updating or repairs.

 

to find out what your home is worth ... click here .... WHAT'S MY HOMES VALUE?

 

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