If you're scratching your head wondering “how much is my house worth,” you're not alone. Check out these four options for determining home.
The easiest route in determining an accurate home price is via an online home estimator, such as those offered by major real estate sites such as Zillow or mortgage lenders. Zillow’s "Zestimate" uses a proprietary formula based on the recent sales prices of similar homes, basically an online version of comparable sales, or "comps."
Market value is the gold standard of home pricing, but sometimes it's a. of prices and valuations to figure out how much a home is really worth.
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· One of our favorites, ZipReality.com has all the tools needed in order to figure out how much a house is worth. The combination of their interactive pricing tool, property value estimates, and the local real estate agents give the insights any home owners need to price and sell their house.
Make sure you use your standard mailing address, as verified by the U.S. Postal Office. Perform a search. The site will show you the sale prices and tax-assessed value of similar homes in your area and provide the estimated ranges for your home’s value.
new house tax deductions Under the new law, the deduction for state and local property taxes is capped at $10,000. Plus, homeowners who deduct mortgage interest are limited to the amount they pay on $750,000 worth of debt.
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The most accurate online estimate According to an independent study of on-market homes, the Redfin Estimate is the most accurate among leading automated home-value tools. We provide the most accurate value of a home for sale-more than twice as likely to be within 3% of the home’s selling price as other top online home-value estimators.
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