Have you found yourself wondering lately how much your home is worth? Whether you are thinking of refinancing, selling or you are just curious, it is always good to keep tabs on your home’s value. Keep reading to see some of the CMG Team’s tools and tips for knowing your home’s worth,



  1. What Is Home Valuation?


A home valuation is assessing the market value of a home to determine what the property is worth in your real estate market. The value is important to know because it shows what a buyer is most likely willing to pay for your home when you decide to sell. Different variables go into determining your home’s value such as: square footage, location, condition of the home, market conditions, and other homes that sold recently that are comparable to yours. 


  1. How To Determine Your Home’s Value?


Now that we know what home valuation is and what determines it, we want to share a few ways to estimate it. Our most tried-and-true tool is our Home Valuation Calculator. Just simply enter the needed information about your home, and our CMG Tool will do the rest! Contact your CMG Agent today to get the link for this tool!


Another way to determine value is to speak with one of our CMG Agents about doing a Competitive Market Analysis on your home. We will take into consideration all of the variables mentioned above (square footage, location, etc.) and we will run a full report to review with you. Our team is focused on educating you on how to set yourself up for success in the real estate market.


One other way to determine value is to hire an Appraiser. An Appraiser is a trained and licensed professional who can help calculate your home’s worth. Our team is ready to recommend our favorite Appraisers to schedule an appointment with!  


  1. When To Reevaluate My Home’s Value?


There are different milestones that can determine the best time to assess your home’s value. Are you getting ready to do a major renovation to your kitchen or bathroom? Are you about to replace your home’s water heater or air conditioning? Are you wanting to take out a home equity loan to finance your new sunroom addition? Did you recently become married, have children, get divorced, or have another life changing event? These are all questions to consider the next time your wonder what your home is worth. Our CMG Team is here to answer your questions about life’s milestones that could effect your home’s value!


Our team has years of combined experience and knowledge and can offer expertise on how to find out your home’s worth. Please reach out to any of our CMG Agents to schedule an in-office or in-home consultation to to take the next steps in your real estate journey. 


If you have questions on how our CMG family can serve you, please always feel free to reach out! At the CMG Real Estate Group, you are always more than just a transaction, you’re our family!