What determines my home's market value?
Market value is determined by recent sales of comparable homes in your neighborhood, your home's condition, location within the neighborhood, lot size, square footage, number of bedrooms and bathrooms, and the current supply and demand in your market. Online estimates provide a starting point but can be inaccurate.
Why It Matters
Understanding what drives your home's value helps you make informed decisions about improvements, selling, and refinancing.
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