The real answer to “What is my house worth” is: The price a buyer is willing to pay. BUT with an important caveat: If the buyer needs a loan to purchase your home, the lender has to agree. Lenders require a professional appraisal of value before funding a loan.
That adds a complex layer to nearly every home sale. Realtors® use lots of data to analyze nearby homes — ones that have closed escrow, those pending sales and active listings to provide information to sellers and buyers. This gives a general idea of what buyers might pay for a certain home.
You can take a look at what homes are for sale in your neighborhood at my new Chase International website. Then contact me if you have questions about buying a property — or finding out what your home might sell for in today’s market.
As always, call or text me at 775-762-7576 or email me at firstname.lastname@example.org