How Much is your House Worth?
The best indicator of value is a list of comparable sold homes in your neighborhood.
See actual sold prices, price/sf and days on the market
Home Valuation Process:
The most useful information available to determine the value of your house, condo or townhome is a list of successfully sold properties comparable to yours. This is what a professional appraiser would use to estimate what your home is worth. Other websites have automated valuation models, but they are notoriously inaccurate. Texas is a non-disclosure state, so only real estate professionals with access to the local MLS can find actual sold prices. It's useful to look at houses currently for sale, but they are not the best indicators of value because it's unknown if they will sell near their asking price. And computers are not good at finding the best comps based on condition and precise location. For example, homes on a busy street or next to an apartment complex can be worth significantly less than other homes in the same neighborhood.
We will manually select properties that sold within the last six months that are near your home, in similar condition, with a similar number of bedrooms, bathrooms, square footage, etc. You will receive a list of those sold properties, including price per square foot and days on the market. This will give us a good idea of how much your home would sell for.
We are Realtors and not appraisers. We do not follow guidelines of the Uniform Standards of Professional Appraisal Practice.