Wednesday, September 1, 2010

WHAT IS MY HOME WORTH????

Many people ask themselves "WHAT IS MY HOME WORTH?" There are actually a few ways to determine this. The two main ways to figure out the value of your home is to 1) order an appraisal or 2) have a real estate agent do a comparative market analysis (CMA).

Whether you have a home in Murray, a home in West Jordan, or a home anywhere in Utah you can always order an appraisal. An appraisal will cost you several hundred of dollars, but is a very accurate way to find out what your home is worth. When you are going to buy a home you will required to have an appraisal done. If you do pay cash for your home you are not required to order an appraisal.

Another great way to find out the value of your home is to have a real estate agent do a comparative market analysis, otherwise known as a CMA. The good part about this is that it is usually free!!! Real estate agents are able to pull up homes that have sold in your neighborhood and use computer software to figure out what your home is worth.

If you are looking to get your home sold or just looking to see what your home is worth I would be more than happy to help you with that. It is typically an easy process and yes it is absolutely free. For a more accurate market analysis I would prefer to come take a look at your home, but I am also able to pull up the information I need on my computer from county records.

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