I’m interested in selling my home in Dayton, Ohio but having trouble determining how much my house is worth? If that is one of your thoughts, you’re not alone! We hear this all the time from potential sellers and it’s a legitimate concern among anyone wishing to list and sell a home in today’s housing market. Property values in Dayton, OH fluctuate just like every other market across the United States, so your property worth and current home value will change from month to month (or even week to week) depending on market volatility. So, for all you Dayton homeowners out there wondering, “how much is my house worth?” or “how do I find the most accurate home value estimator?” the answer is, “it depends!”
We know this is not the answer you were looking for, but hear us out. When trying to accurately determine home values, you have a couple of choices. The first choice is to order and pay for a pre-sale appraisal, which is going to take the appraiser two weeks on average to complete and cost you around $600.00 – $1,000. In our opinion, ordering and paying for a pre-sale appraisal is unnecessary. The second choice is to find and research recently sold homes in your neighborhood that closely match your home (brick ranch, bi-level, tri-level, number of beds, baths, square footage, etc…) to see what their original list price was, how much the home sold for, and how many days it sat on the market. This is what real estate agents refer to as a “full market analysis” or “pulling comps.” Here’s the important thing to know – you don’t need to hire a real estate agent and pay thousands of dollars in commissions just to find out how much your house is worth. The process of determining your homes value is really easy and shouldn’t take you more than thirty minutes max. Below, we will go into more detail about the process of calculating property values and answer the number one question that all sellers ask before listing a home for sale, “how do I find out how much my house is worth?”