How to Determine Your Home’s Value Like a Pro

Whether you’re selling, refinancing, or simply keeping track of your investment, understanding your home’s value is essential. A home’s price isn’t based on guesswork—it’s determined by real data and market trends. Here’s how to get an accurate assessment.

1. Look at Comparable Sales (“Comps”)

One of the most reliable ways to estimate your home’s value is by analyzing recent sales of similar homes in your area. A good comparison includes:

Homes in the same neighborhood or within a close radius
Similar square footage, lot size, and layout
The same number of bedrooms and bathrooms
Homes that have sold within the past three to six months

How to do it:

Check recent sales through your local property records or county assessor’s office.
Work with a real estate professional to get a Comparative Market Analysis (CMA)—a detailed report comparing your home to similar properties.

The more similar the home, the more accurate the comparison.

2. Get a Professional Appraisal

A licensed appraiser evaluates your home based on location, condition, upgrades, and market trends. Lenders require appraisals for mortgages and refinances, making this one of the most trusted methods to determine home value.

What appraisers consider:

Recent comparable sales
The home’s size, layout, and features
The overall condition of the property
Market trends in your area

Even if you’re not selling, an appraisal can help with insurance, taxes, and refinancing.

3. Follow Market Trends

Your home’s value fluctuates with the market. Key factors to watch include:

Local housing demand
Interest rates and inflation
The supply of available homes in your area

If home prices are rising and inventory is low, your home value may be higher than expected. Staying informed about these trends can help you make strategic real estate decisions.

Final Takeaway

Determining your home’s value requires more than just a quick estimate. By analyzing comparable sales, consulting professionals, and keeping up with market trends, you can get an accurate picture of your property’s worth.

If you’re curious about your home’s value or thinking about selling, let’s connect. I’d be happy to provide a market analysis tailored to your property.

Reply to this email to get started.

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Matthew 11:28-30 “Come to me, all you who are weary and burdened, and I will give you rest. Take my yoke upon you and learn from me, for I am gentle and humble in heart, and you will find rest for your souls. For my yoke is easy and my burden is light.”

Jessica Marino – Houston Texas | Instagram, Facebook | Linktree

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