How To Find Out How Much My House Is Worth

How To Find Out How Much My Home Is Worth

Are you thinking about listing your home for sale in Dayton Ohio or a surrounding area? If so, you are probably trying to determine home values and maybe even asking yourself, “how much is my house worth?” Before we go into the specifics of “how much is my house worth?,” we will explain why it’s so important that you know the current market value of homes in your area, who can accurately provide you with a home price estimate, what steps to take, and in what order you should take them.

Home Value Estimate vs Home Appraisal

First and foremost, there is a MAJOR DIFFERENCE between a “home value estimate” and an “Appraisal.” No individual or company (Zillow.com, Realtor.com, Homes.com or an individual Realtor®) can provide you with an appraisal unless they are a licensed real estate appraiser in the state where the subject property is located. A real estate appraisal does come at a cost and can be ordered by homeowners that are thinking about selling their home. These types of appraisals are generally referred to as an “independent appraisal” or a “pre-sale appraisal.” We do not recommend homeowners hiring and paying a real estate appraiser in Dayton Ohio to perform an independent appraisal or a pre-sale appraisal – let us explain why. Once you have decided to sell your home, secured a buyer and have a fully executed contract to purchase, the buyer’s mortgage lender will require the buyers to pay for an appraisal, regardless of whether you have already paid for one. If you (the homeowner) order an independent appraisal (pre-sale appraisal), this would be a waste of money because any potential buyer applying for a mortgage loan will be required to use their lender’s appraisal, not your independent appraisal.

A home value estimate, sometimes referred to as a home price estimate, can be provided to a homeowner by literally anyone. Now, whether that person or company that provides you with a “home value estimate” is even remotely accurate depends on who you choose to provide you with an estimate of your current home’s value. For instance, there are specific online real estate websites that have fooled buyers and sellers into believing that they can provide an accurate online home value estimate (Westimate, Xestimate Yestimate….) by simply entering their home address into an online home value estimator – this couldn’t be further from the truth. An online real estate company (real estate website) located in Seattle Washington has no idea what the current real estate market in Dayton, Ohio looks like – just like a local Dayton real estate agent wouldn’t be capable of providing an accurate home value estimate to an individual wanting to sell their home in Seattle, Washington. Your best option for securing an accurate home value estimate is by speaking to a local real estate professional who lives and works in the community and knows the market well – like us!

How We Can Help You Get An Accurate Home Value Estimate

Trying to figure out how much your home is worth without actually paying for an independent appraisal is like playing the shell game on the Price Is Right. The best thing any homeowner can do is to get a home value estimate from a local professional, which is something that we can help you with. Once you fill out our HOME VALUE ESTIMATOR, we will conduct an in-depth, full market analysis on your home or property and have it back to you within 1-3 hours after receiving your information. Because we are licensed agents and have full access to the Dayton MLS, we have all the information at our fingertips that an actual appraiser would have. We will be able to compare all recently sold homes, recently sold home prices, the square footage of all comparable homes, number of bedrooms, number of bathrooms and even recent updates. We have been selling homes in the Dayton area for more than 25 years and have provided thousands of sellers with a home price estimate. In our humble opinion, this is the best way to find out how much your home is worth without paying for an expensive appraisal.

Now That I Know How To Find Out How Much My House Is Worth, What’s Next?

Now that we have explained “how to find out how much my house is worth in Dayton Ohio,” we will discuss the next steps you should take if you are serious about selling your home or property. In order for us to provide you with a proper estimate of your home’s current value, you will need to fill out our online “Home Value Estimator” as thoroughly as possible. Once you have filled out our online home value estimator and submitted your information, we will immediately start gathering pertinent information related to your home’s value and other comparable homes in your neighborhood. Once we have a complete market analysis and are able to determine your home’s estimated value, we will email you a complete market analysis along with any other opinions or recommendations that we may have.

Home Value Estimator Form – How Much Is My House Worth?

In order for us to determine an accurate estimated home value, please enter your property information into our easy to use online home value estimator below. Please enter as much information as possible so that we can accurately estimate how much your house is worth. Once you submit your information, we will start working on a full market analysis and will contact you once it’s completed.

A Quick Video – How Much is My House Worth?