What’s My House Worth?

Are you thinking about selling your home? If so, it is important to get a general idea of how much your property is worth on today’s market. 

A home value estimator that can help determine an appropriate selling price so you can begin your sales journey with realistic expectations.

Home Value Estimator _

Use the home value estimator to compare your home to active local listings to determine what your home might be worth. This comparison will give you a general idea of your home’s selling price.

What Does Home Value Mean?

In the real estate world, “home value” refers to how much money buyers in your area are willing to pay for a property. Considerations in home value include things like your home’s location and the overall condition of the house.

Another common term you’ll hear related to home value is “fair market value.” This refers to the price the average buyer might pay for a house when there are no circumstances connecting the seller and buyer. Your home value and the fair market value of your house are influenced by a number of factors, including:

  • Location
  • Condition
  • Updates/renovations
  • Comparable home sales

How Are Home Value Estimates Calculated?

When it comes to online tools, home value estimators consider a number of variables when establishing a base value. You’ll find that Omni Horizon Real Estate leverages a highly accurate, next generation tool that considers publicly available data such as tax records, assessments, recent sales of similar properties, on-market properties in your neighborhood and market conditions to provide a good basis for what your property may be worth to buyers. 

How Are Home Value Estimates Calculated?

How Can OMNI Horizon Real Estate Help with Home Valuation?

While online tools are great, there is so much more to establishing a true listing price for your property. If you want to get an even more accurate idea of your home’s value, consider requesting a free home evaluation from the experts at OMNI Horizon Real Estate. We can give you an accurate assessment of your home’s fair market value, based upon your specific situation and the current market conditions

An on-target look at your home’s value from an industry expert is essential when it’s time to put your home on the market. Experience proves that a well-priced home will bring in competing offers and significantly increase its selling price.

OMNI Horizon Real Estate is ready to provide a free market analysis to determine the best valuation of your home, based on the most actively searched listings and home values in the area. This detailed analysis will give you robust knowledge of how your home will perform on the local market and give you the perspective you need to make the best sale possible.

A real estate agent will consider a variety of factors when assessing your home’s value. These factors include:

Your Home’s Location

Where your home is located can be a significant factor in determining its value. Proximity to amenities that matter to homeowners (the best schools, hospitals, shopping, restaurants, and others) can all play a role in your home’s value.


Your Home’s Features

Additional creature comforts in your home can increase the home value. A pristine backyard, gourmet chef’s kitchen, spa-like bathroom, or fireplace can all add to your home’s value.


Interior and Exterior Condition

Expect a higher value if both the interior and exterior of your home are well-maintained and in good condition. Even little things like peeling paint or a slight window crack can take away from your home’s market value.


Recent Upgrades

Making upgrades and modernizing your home can also impact how much your house is worth. A kitchen remodel, new garage door, or even swapping out a wooden front door for one made of steel can lead to ROI when it’s time to sell. 


Competitive Market Analysis

Your Omni Horizon real estate agent will create a comparative market analysis (CMA) to get even more information about the potential value of your home. This kind of report can predict how your home will perform on the market by looking at comparable homes and comparing your home’s strengths and weaknesses.


Bedrooms and Bathrooms

A home's square footage, as well as its number of bedrooms and bathrooms, play a significant role in its appraisal value.

The best way to get an accurate idea of your home’s value is to work with a skilled real estate agent who truly understands the nuances and the ebbs and flows of your local market.

How Much is My House Worth?

When it’s time to start the process of selling your home, using a home value estimator to get a general idea of your home’s market price is a good starting place.