Wednesday, August 22, 2007

What Your House is Worth Using Real Estate Comps

Resources for Finding Your Home's Value

The days of calling your local realtor to find out what your home is worth are falling behind us. Real Estate Agents typically research the values of properties that are currently on the market, and others that have sold in the past in order to come up with an appropriate value for your home. This method of using a comparable market analysis has begun to see competition from several online technologies.

As technology improves, the tools we use to find the value of a property get better and better. Finding comps (comparable data) is now as easy as entering your address into a form. Beware that many of these services aren't as accurate as usng a professional, but if used together, they can help determine an approximate value range without using a pro.

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