Get an Instant Home Value Request

Rule #1 When Selling A Property:
Know The Value!

There are many ways in which a property seller will attempt to determine the sales price for their home.

Most of these can cost you thousands!

Homeowners inherently tend to believe their home is worth more than what the market will actually bear. This is understandable simply because the homeowner has emotional value tied to the property. However, the seller must understand that a potential buyer has no such emotional ties. Yet!

The problem for the seller is that a homebuyer's real estate agent will never allow their buyer to pay an inflated price for any home. They will simply move the buyer down the street to a property priced more in line for the area.

If you are attempting to sell your home By Owner, you might find an unsuspecting buyer willing to pay your asking price. At first glance this might seem great, however the inflated price could raise another potential deal killer. Most buyers will be utilizing financing of some sort to purchase their home. Unfortunately, regardless of how much the buyer wants to buy your property, the lender will only loan them the maximum of the appraised value! Most homebuyers are unable, or unwilling to take thousands of dollars out of their pocket book to make up this difference between your asking price and the maximum any lender will loan on the property.

Conversely, many times a seller will inadvertently offer to sell their property at a price well below current market value. It is pretty much a guarantee that the buyer or his agent will NOT tell the niave seller that the appraisal came back $17,000 higher than the sales price!

You must know the realistic market value of your home in order to avoid leaving money on the table. Worse yet, trying to guess the homes value can cause a deal killing road block that sabotages your closing! There are several ways to determine the approximate value.

There is only one way to know the exact value!

Order An Appraisal:

Hiring a certified real estate appraiser to complete a value report for your home is the only sure way to determine your homes true value in todays real estate market. This service typically costs $350 to $500. However, this service may end up saving you unnecessary headaches and possibly thousands of dollars! Only a formal appraisal will confirm that your sales price is in line with the market value. You can find quality local appraisers in every city offered in our Search MLS City Pages section. Once you have chosen your city of interest, Just click on the Local Discount Appraiser link.

Comparative Analysis:

A Comparative Analysis is typically performed by a local real estate agent. This report is generated by analyzing the features of your property and comparing them to similiar properties which have sold in the general vicinity. Most SmartHomeSearch Affiliate Realtors will gladly complete a Comparative Analysis for you FREE OF CHARGE! This report does not provide you with an exact market value of your home, but they are typically very close. Click here to request a Free Market Analysis to be performed by a local SmartHomeSearch.com network real estate broker. Selling FSBO? That's OK! Many network agents will happily perform this valuable service for you.

Automated Valuation:

If you are unable or un-willing to invest in the cost of a formal appraisal, an AVM or Automated Valuation Model will be a less expensive alternative. Most appraisers can provide this overview of comparable property sales at a fraction of the cost of a formal appraisal. An AVM will provide a close estimate of what the property will actually appraise at. Problems can still arise from a lower value when the buyers lender formally appraises the property. You may still find yourself needing to lower your sales price in order to facilitate the sale at the lower appraised value. If your local appraiser cannot perform an AVM service, you can obtain this service for $19.95 by clicking below.

Online Estimates:

In our experience an online property estimate provides about the same degree of accuracy as a calculated guess! However, if you would like to see what one of these services think your property is worth, use the system provided below:

Enter your address below to get an INSTANT home value estimate along with a list of other recently sold properties in your area. The Contact Information Is Optional!

Enter your address now and instantly view:

A Homes Estimated Value with Low and High Price Range
Comps: Estimated Values of Similar Homes
Sales History, Tax Assessment History and more

What Price Should I Sell For?