Find out what your home is worth Home values are constantly changing – staying up-to-date on what your home is worth is important. Several factors can affect your home’s value, such as the current real estate market, recent comparable sales in your neighborhood, and any renovations or improvements you’ve made. If you’re considering selling your home, getting an accurate estimate of its value is important to ensure you get the best possible price. Fortunately, there are several ways to determine what your home is worth. You can start by looking up recent sales in your area or using an online home value estimator. You can also contact a local real estate agent for a more detailed assessment. By taking the time to find out what your home is worth, you can be sure you’re getting the most for your property.
There are two main ways to calculate your home equity. First, take your home’s current value and subtract any outstanding mortgage or loan balances. This will give you your home equity in raw dollar terms. The second way to calculate your home equity is as a percentage of your home’s value.
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