Home value is something that will always be important to homeowners, whether they are looking to sell a home or staying in their forever home. The more equity you have in your home, the better your interest rate when you refinance for lower monthly payments. Staying on top of your home’s value also allows you to always know what you can sell your home for when the time comes.
People ask Realtors® this question all the time: “What is the value of my home?” The short answer is a home is worth whatever someone is willing to pay for it. The long answer is it takes the advice of a professional real estate agent, relevant real estate comparisons, recent sales and a lender you can trust to find out your home value.