How your Home’s Market Value is Calculated
Posted on Apr 05, 2022
Imagine you're shopping for a used iPhone 11 that's in good condition. You visit a resale website and discover that most are selling for approximately $350. Would you be willing to pay $400? Probably not. The market value is obviously well-established. There would be no reason to pay more.
Pricing your home for sale is similar. Your home has a marke...