Your home's value depends on many factors including its style, size,
amenities, condition, and location. Real estate investments can also
be affected by various market conditions including interest rates,
supply and demand, and the overall strength of the economy.
Determining a price-tag for your home:
• Determine the current trend of home values by checking the
asking prices of active homes in your area.
• Size up your competition by determining the asking prices
of simliar houses in your area. Compare these homes' advantages and
disadvantages against your own.
• Determine the market limitations by researching the asking
prices for various unsold houses over the the last 90 days in your
area. This will act as fairly good estimate on what the market is
not willing to spend.