How to Determine the Property Value of Your House
by Ann Johnson
Utilize sale prices of comparable homes when calculating your home's current value.
Look for comparable properties in your neighborhood, or similar nearby neighborhoods, which sold in the last six months. If you're working with a real estate professional, she can typically assist you in this search; real estate agents normally have access to accurate data resources. If not working with a professional, you will have to investigate online resources listing current real estate transactions (which are often unreliable) or talk to your neighbors.
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