Trying to work out how much your property is worth can appear to be a daunting task. However, valuing a property is not an exact science and you don't have to be an estate agent to know how to do it!
We've put together a guide to help you to value your property in five easy steps.
House evaluation and home value are sometimes terms that are used interchangeably, but they are actually derived differently. A property may receive an appraisal for X amount of dollars, but that is not necessarily the price that will be paid for that particular property. In a sellers' market where housing stocks are depleted, sellers can generally set prices at 10% or more of the last comparable home sale.