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How do I figure out what my home is worth?
Figure out home value?
Asked By Jack S. | Port Saint Lucie, FL | 1844 views | Tips Advice | Updated 2 months ago
Answer(11)
Lindsey Stansbury
EXIT Real Estate Property Solutions
Hi Jack, Tyler is correct. In support of his reply, it is common for those of us who list homes to receive offers where the potential buyers waive their Appraisal Addendums because they are willing and able to pay the difference if the home appraises at a lower value than their offer price. Having a local Realtor/Broker provide you with a CMA is helpful and usually free. Appraisals are not free. Hope this helps.
- 3 years ago
Helpful (1)
Unhelpful (0)
Amanda Courtney
REP Realty Group
Start by looking at recent sales of similar homes in your neighborhood. You can also request a Comparative Market Analysis from a real estate agent or hire an appraiser for a full valuation.
- 2 months ago
- Helpful (0)
- Unhelpful (0)
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- 3 years ago
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Al Maxwell
eXp Realty
Call one or more good REALTORS
- 3 years ago
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Jaden Utter
Plum Tree
Start with recent sold comps, not online estimates. Look at similar homes in your area that sold within the last few months and compare size, condition, and features. Online tools can give a rough idea, but real value comes from what buyers are actually paying right now.
- 2 weeks ago
- Helpful (0)
- Unhelpful (0)
Edward Behr
Behr and Behr of The Platinum Group, Eealtors
The most accurate way to determine your home’s value is by looking at recent comparable sales, not online estimates alone.
Your home’s condition, location, updates, and layout all matter, and small differences can swing value significantly. Online tools can give a rough range, but they don’t account for things buyers notice immediately when touring a home.
If you’re serious about selling or refinancing, combining recent sales data with local market insight gives you the clearest picture of what your home would realistically sell for today.
Your home’s condition, location, updates, and layout all matter, and small differences can swing value significantly. Online tools can give a rough range, but they don’t account for things buyers notice immediately when touring a home.
If you’re serious about selling or refinancing, combining recent sales data with local market insight gives you the clearest picture of what your home would realistically sell for today.
- 3 weeks ago
- Helpful (0)
- Unhelpful (0)
Tyler Fitz
Anderson Realty
There are two way to do this efficiently.
1. You can have a local broker/real estate agent provide you a CMA. They may or may not request home access but being able to walk through the property usually helps give a very accurate value.
2. You can have it appraised. The things is if you are thinking of selling because of the rapid market increases you may be able to sell it for higher than what is "worth."
1. You can have a local broker/real estate agent provide you a CMA. They may or may not request home access but being able to walk through the property usually helps give a very accurate value.
2. You can have it appraised. The things is if you are thinking of selling because of the rapid market increases you may be able to sell it for higher than what is "worth."
- 3 years ago
- Helpful (0)
- Unhelpful (0)
Karen M. Riscinto
Florida Lifestyle Realty Group, Inc.
Hi Jack,
Port St. Lucie is a hot market at the moment, so you want to be able to get the biggest bang for the buck. There are several routes you can take.
1. Get a CMA from a local agent.
2. Get a professional Appraisal and then hire a professional agent.
Personally, I would go with # 1 and add a pre-home inspection so that when you do list there are no surprises. Also, it gives you a chance to fix things which in turn will get more money on the sale. Be careful of the companies that offer to buy your home, in the end you will pay out more and leave more money on the table than you should. Feel free to reach out 352-250-3166 if I can be of any assistance.
Port St. Lucie is a hot market at the moment, so you want to be able to get the biggest bang for the buck. There are several routes you can take.
1. Get a CMA from a local agent.
2. Get a professional Appraisal and then hire a professional agent.
Personally, I would go with # 1 and add a pre-home inspection so that when you do list there are no surprises. Also, it gives you a chance to fix things which in turn will get more money on the sale. Be careful of the companies that offer to buy your home, in the end you will pay out more and leave more money on the table than you should. Feel free to reach out 352-250-3166 if I can be of any assistance.
- 3 years ago
- Helpful (0)
- Unhelpful (0)
Christopher Williams
Simply Vegas
Hi Jack, have you connected with a local Realtor yet? They can provide you with a comparative market analysis on your property to give you a good idea as to what the property is worth. To determine value, we look for similar homes recently sold in the area and make adjustments as needed.
- 3 years ago
- Helpful (0)
- Unhelpful (0)
Marianne Windridge
Berkshire Hathaway HomeServices Florida Realty
There are multiple ways for you to get an idea of value, some as simple as looking at local websites and observing sale prices of homes similar to yours. However, for a more accurate valuation, I would suggest with speaking with a local Realtor and asking them to prepare a Comparative Market Analysis ( CMA) of your home or hiring a local appraiser to appraise the home. Keep in mind that are market is constantly changing so if you are not ready to sell for 6 months or more I would wait until you get closer to the date that you want to sell. Hope this helps!
- 3 years ago
- Helpful (0)
- Unhelpful (0)
Stephen Simard
Real Broker LLC
🏡 How Do I Figure Out What My Home Is Worth?
Determining your home’s value isn’t about guessing—it’s about comparing real data, understanding the market, and evaluating your property’s unique features. Here are the four most accurate ways to figure out what your home is really worth:
✅ 1. Look at Recent Comparable Sales (“Comps”)
This is the foundation of home valuation.
You compare your home to:
Similar size
Similar age
Similar style (colonial, ranch, etc.)
Similar condition
Recently sold (ideally in the past 3–6 months)
In your immediate neighborhood
This tells you what buyers are actually willing to pay today.
✅ 2. Evaluate Current Market Conditions
Your home’s value changes based on:
Interest rates
Supply and demand in your town
Number of similar homes for sale
Buyer competition
Seasonality
A seller’s market can push your price higher, while more inventory or slower conditions can lower demand.
✅ 3. Consider Your Home’s Condition & Upgrades
Buyers pay more for homes that are:
Well-maintained
Updated (kitchen, baths, flooring)
Energy efficient
Move-in ready
On the flip side, issues like old roofs, outdated features, or needed repairs can reduce market value.
✅ 4. Get a Professional CMA (Comparative Market Analysis)
This is the most accurate way to know your home’s true market value without paying for an appraisal.
A CMA includes:
A custom analysis of comparable sales
Adjustments for upgrades or condition
Evaluation of competing homes for sale
Local pricing trends
A recommended price range
I can prepare one for you at no cost, and it’s much more accurate than Zillow or online estimates, which often miss local factors.
⭐ Bottom Line
Your home’s value is based on data—not guesses. By analyzing sales, the current market, your home’s condition, and expert insights, you can confidently understand what your property is worth.
If you'd like, I can prepare a free, no-obligation home valuation report for you that includes:
Estimated market value
Net proceeds estimate
Suggested list price
Local market trends
Recommended next steps
Just let me know your address and a good time to connect.
Determining your home’s value isn’t about guessing—it’s about comparing real data, understanding the market, and evaluating your property’s unique features. Here are the four most accurate ways to figure out what your home is really worth:
✅ 1. Look at Recent Comparable Sales (“Comps”)
This is the foundation of home valuation.
You compare your home to:
Similar size
Similar age
Similar style (colonial, ranch, etc.)
Similar condition
Recently sold (ideally in the past 3–6 months)
In your immediate neighborhood
This tells you what buyers are actually willing to pay today.
✅ 2. Evaluate Current Market Conditions
Your home’s value changes based on:
Interest rates
Supply and demand in your town
Number of similar homes for sale
Buyer competition
Seasonality
A seller’s market can push your price higher, while more inventory or slower conditions can lower demand.
✅ 3. Consider Your Home’s Condition & Upgrades
Buyers pay more for homes that are:
Well-maintained
Updated (kitchen, baths, flooring)
Energy efficient
Move-in ready
On the flip side, issues like old roofs, outdated features, or needed repairs can reduce market value.
✅ 4. Get a Professional CMA (Comparative Market Analysis)
This is the most accurate way to know your home’s true market value without paying for an appraisal.
A CMA includes:
A custom analysis of comparable sales
Adjustments for upgrades or condition
Evaluation of competing homes for sale
Local pricing trends
A recommended price range
I can prepare one for you at no cost, and it’s much more accurate than Zillow or online estimates, which often miss local factors.
⭐ Bottom Line
Your home’s value is based on data—not guesses. By analyzing sales, the current market, your home’s condition, and expert insights, you can confidently understand what your property is worth.
If you'd like, I can prepare a free, no-obligation home valuation report for you that includes:
Estimated market value
Net proceeds estimate
Suggested list price
Local market trends
Recommended next steps
Just let me know your address and a good time to connect.
- 3 weeks ago
- Helpful (0)
- Unhelpful (0)
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