What is my house worth

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While the past year or more has been a roller coaster ride on many fronts, there was a silver lining for homeowners: Home prices have risen considerably.

You might be wondering if you should take advantage of the climb in values and sell your home or tap its newfound equity.

As you consider your options, a good starting point is to ask yourself: exactly how much is my house worth? There are loads of online tools that offer a quick home value estimate. These online tools — sometimes called automated valuation models, or AVMs — use algorithms and publicly available data, such as recent sales, tax assessments and other public records, to generate an estimate.

There are many home value estimators out there, each using a different methodology, so your estimate can vary. These include:. In addition to an online estimator tool, you might choose to obtain a cash offer from an iBuyer. To complete the CMA, the agent pulls data about recent sales of comps in the area. They then draw on their knowledge of the neighborhood and any special characteristics of your property to estimate its value.

County auditors periodically assess the value of residential properties for property tax purposes, and this information is searchable online. Your browser is out of date or unsupported.

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