Wealth-Coaching

When looking for a home to purchase or looking to sell one you currently own, the biggest question is "How much is it worth?"

There are many ways to determine the value of a home.  The most reliable way is to pay an appraiser an average rate of $400 per home and in return you will receive a certified appraisal in hand.

If you are looking a few houses it could cost you a good chunk to have this done on all your interested properties and really isn’t a good investment of your time or money.

Other options for finding home value is to ask the owner or people in the neighborhood what they paid for their home.  Of course many people are not that open with their information so you could go to the local public records and hope that the estimated tax value is in line with the actual value of the home; which it usually isn’t.

Public records can show you the purchase price of a home, but you can’t be sure that the records are up-to-date in this area.

Zillow.com is a website that can help you in finding home values so you can be better prepared to make a good investment.  Zillow allows  you to get an estimated home value by entering the address.  You can make changes to your data and receive an updated value on the property.

Although it isn’t a certified value, it will give you some good numbers to think on before pursing an investment purchase in real estate.