When you’re selling your home without a realtor, you need to do your own research in order to price your home. Comparative market analysis is used to determine the current market value of your house. Price too high and buyers will be turned off, but price too low and you won’t be getting the full value of what your home is worth. The following tools will help you perform a comparative market analysis to price your home. The more sources you have available, the better you’ll be able to determine what a fair price is.
Property Tax Records
Property tax records are available to the public online, allowing you to search for recent sale prices of similar houses in your neighborhood.
Building Permit Records
You can also find building permit records online which allow you to see what kind of improvements homeowners in your area with similar homes have made, such as additions.
The FHFA’s website has several tools for your to use for comparative market analysis. Their price index shows home value trends for metropolitan areas, which you can use to get a feel for the current trend in your market. Their house price calculator allows you to input the purchase price for a house in a metropolitan area, which it uses with the price index to calculate the likely market value. However, this does not take into account improvements or individual sale situations.
If you’re looking for For Sale By Owner (FBSO) assistance in the Baltimore metro area, contact American Home Title Group.
American Home Title Group has been helping Marylanders with their title needs for over 25 years. In the ever-volatile real estate industry, a company’s longevity can be attributed to the quality of its work. With more than 120 years of experience in real estate and titles, American Home Title Group is your Howard County title company ready to provide you with the best experience possible in every capacity.
To get you started on the way to titling your home, try our free title settlement quote program here. You can fill it out for a free, no obligation title quote. It’s easy and fast so you’ll have the information you need in seconds. Contact us for more information about our title and other real estate services.
As your Howard County title company, American Home Title Group is ready to assist you today with a variety of real estate needs you may have. Contact us now to begin your home titling process. Our phone number is 410-750-8500. To reach us via email, please send a message to firstname.lastname@example.org. Follow our blog and keep up with us on Google+, Facebook, and Twitter.