Tag: Home Value

Posted on 12/12/2022
What Affects Your Home's Value?
The difference between home price and home value causes confusion for many buyers and sellers. Both price and value are a combination of many variables that are constantly changing. Understanding what can affect home value will help you understand and navigate the market. Here are the key factors that go into determining a home’s value: Comps “Comp” is...
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Posted on 11/02/2020
Determining Fair Market Value
Image by Andrey Popov from Shutterstock The term "fair market value" is the price at which an interested but not desperate buyer is willing to buy and a motivated but not distressed seller is willing to sell on the open market in your location. The set value depends on recently sold similar-sized homes with like amenities, upgrades, and...
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