Congrats, you’re a homeowner! Maybe you’re a first-time buyer who has just recently taken the leap into homeownership, or you’re a seasoned pro who has plenty of experience in the real estate game. No matter the situation, your home is likely the greatest asset you have. But how much is your home actually worth? While it’s easy to keep track of your savings and investments, it can be difficult to understand your property’s value, especially in today’s rapidly changing market.
That’s where Partners’ new Find My Home’s Value comes in–a home valuation tool powered by HomeAdvantage™. There are many different factors that influence your home’s value: the neighborhood, the size of the home, and the current real estate market, to name just a few. Unless you’re a professional appraiser or seasoned real estate pro, it can be overwhelming to try and determine the value yourself! We make it easy: simply type in your home address and click “Estimate”.
Of course, this value is an estimate. Based on calculations using local market data, our new Find My Home’s Value tool will present you with your home’s estimated value and the information on comparable properties used to calculate your estimate. And if you’re interested in a more in-depth estimate, you can also request a free, no-obligation market valuation with an agent in our HomeAdvantage™ program.
Knowing the value of your home is a powerful tool; if you’re looking to buy or sell a property, understanding its value will allow you to make smart decisions throughout the process. What if you’re not interested in buying or selling your home? Understanding how much equity you have in your home may help in many situations, such as for insurance purposes, property tax, financial planning for the future, or other home loan options like Home Equity Lines Of Credits. So, what’s your home worth?
Formerly authored by Sarah B. at Partners