Understanding what your home is worth starts with knowing what factors influence its market value. Key elements include the condition of your home, square footage, location, updates or amenities, and recent comparable home sales in your area.
For a more accurate estimate than online tools can provide, contact one of our expert local agents for a free, personalized home evaluation. We use real-time market data, neighborhood trends, and recent comparable sales to determine your home’s true value—not just an algorithm.
👉 Find out what your home is worth today with a no-obligation consultation from Home Journey Realty.
Another method is to check your latest property tax bill, which shows your tax-assessed value. This number is typically a percentage of your home’s fair market value. If you know your state’s assessment ratio (usually between 80%–90%), you can estimate your home’s market value by dividing the assessed value by that percentage.
Example: A home assessed at $300,000 in a state with an 85% assessment rate would have an estimated market value of about $352,900.*
Still curious about your home's value? For the most accurate pricing, connect with a local expert at Home Journey Realty for a personalized, no-obligation home valuation.