How much is my house worth? - ProProfs
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How much is my house worth?

Asked by Ackerley on Nov 07, 2017

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b.Isabellae

B.Isabellae

Answered on Nov 07, 2017

Houses can be worth different amounts at different times. The price of houses increases usually as the years go by. However, if your house has damage to it or is not updated to the modern times, it can be worth less than expected or not as much as the houses in the neighborhood. One way to figure out how much your house is worth is by asking a realtor to run some comps of the neighborhood. This means that the realtor will look at houses that are about the same size and style as your house and are located in the area preferably in the same subdivision.

He or she will then see when these houses sold. He can use those houses as comps if they sold in the near future and are similar in size, location and style as your house.

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