How To Calculate The Market Value Of Your House

Determining the market value of your house is essential for various real estate purposes. To calculate it accurately, begin by conducting a comparative market analysis (CMA). Research recent sales of similar properties in your neighborhood, considering factors like size, condition, location, and recent improvements. Online real estate platforms and local real estate agents can provide valuable insights. Additionally, consider hiring a professional appraiser to assess your property's value based on a detailed inspection. Keep in mind that market conditions and location trends also play a significant role. By combining these methods, you can arrive at a more accurate estimate of your house's current market value, which is vital for informed decision-making. 

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