What’s My House Worth

The most common question we hear is "What's My House Worth?" So.. we offer two simple ways to find out how much your house is worth.

First, you can try our instant home evaluation tool. Just fill in your address and your home value will appear immediately. Please remember, the instant online home valuation is not very reliable, so please take it with a grain of sale.

When it's time to sell your house and you want to find out what your house is worth, nothing is better than a personalized home evaluation with us. Call us at 661-713-4799 or simply click the button and complete the form.

DIY Instant Home Evaluation

OR

More Accurate! Comparative Market Analysis from Matt & Meray

Property Value

What's My House Worth? Whatever a Buyer is Willing to Pay

The true worth of your house is whatever a buyer is willing to pay. It's not like there's a manufactures suggested retail price such as we find in a retail establishment. Have a look at the following methods to help answer your question, What's My House Worth?

  • Use an Online Instant DIY Home Value Calculator: This is the most inaccurate method to determine what your house is worth. You can find these online home value calculators anywhere, including on this page.
  • Obtain an In-home House Valuation By Your Realtor: This is much more accurate because we can base our opinion on recent sales of comparable homes AND the visual look and feel of your house. We're able provide you with much more accurate comparisons and offer an accurate opinion of what your house is worth.
  • Property Appraisal: This is an appraisal done by a professional property appraiser and usually hired by your buyer's lender to verify the value of your home.

THE WORTH OF YOUR HOME IS ABOUT MORE THAN DOLLARS

If thinking about selling it's important to base your decision on more than just a quick estimate. To accurately what your home is worth you'll need to consider more information:

  • What is the status of the current real estate market?
  • How long is it taking for similar homes to sell and close escrow?
  • What are the lending rate projections? If rates are too high, I may not want to know the answer to... what's my house worth!
  • How many homes are currently on the market in your community and neighborhood?
  • Is it a buyers or sellers market?
  • What is the status of your home's repair and is it worth making repairs?
  • Since you purchased the house have you had any major home improvements or upgrades?

It's easy to see why we might like to take online home values with a grain of salt. The real estate market is constantly evolving and that impacts the worth of your house!

Sketch of Home for Sale

It's easy to see why we might like to take online home values with a grain of salt. The real estate market is constantly evolving and that impacts the worth of your house!

Drawing of Family at Home

CAUTION: Avoid choosing a realtor based solely on value he or she says your house is worth. Yes, we're sorry to report, there are some agents out there who will tell you your home is valued higher than it is, just to get your business. Always remember, if it sounds too good to be true, it probably is!

Example of Inaccurate Home Value

What might happen if you received incorrect answer to the question of "what's my house worth"? Say you received an online valuation stating the worth of your house is $575,000. Based on that amount, you made a decision to sell your home and listed it for $575K. What happens later, after you discover the highest and best offer you received was only $540,000? Are you prepared to receive $35,000 LESS than you thought?

This example is NOT far fetched and we've seen it happen. There are some who are so sure of their property value, only to find out later they were wrong. This is why we insist our home selling clients let us find out what their house is worth, before making a decision listing their home for sale.

CAUTION: Avoid choosing a realtor based solely on value he or she says your house is worth. Yes, we're sorry to report, there are some agents out there who will tell you your home is valued higher than it is, just to get your business. Always remember, if it sounds too good to be true, it probably is!

Money for a key top the house

Try Not to Over Value the Worth of Your House

As long time realtors we can tell you, some homeowners OVER VALUE their houses. Even for realtors, we all like to think our houses are worth MORE than they really are. Again, we need to be conservative with our valuation. If you already have a realtor, ask them for a full, in-home evaluation.

When considering how much you can sell your house for, use caution and don’t let your emotions get in the way of making a sound business decision.

So when thinking, "What's My House Worth," you can refer back to these home selling tips and consider everything before making a full determination. Just remember, an incorrect home valuation can come back to haunt you and maybe even kill your deal!

We strongly urge you to prepare yourself to face the simple reality of your home's true value and treat your home sale like a business. We know it’s a balancing act but we can help make the process easier.

Obtain a FREE Comparative Market Analysis! Click or tap the button to open the form. Fill in your home address, name and email and we'll send you your CMA within one working day.

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