How do I determine my home's current market value?
By Bob Millaway, South Jersey Community Expert & REALTOR®
The most reliable way is to request a comparative market analysis from a local real estate agent who will compare your home to similar properties recently sold, pending, or listed in your neighborhood. You can also check online valuation tools for a rough estimate, but they lack the nuance of a professional assessment that accounts for your home's specific condition and upgrades.
Why It Matters
An accurate current market value helps you make informed decisions about selling, refinancing, or tapping into your home equity.
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