Tag: Home Value

Posted on 10/24/2021
What Affects Your Home's Value?
The difference between home price and home value causes confusion for many buyers and sellers. Both price and value are a combination of many variables that are constantly changing. Understanding what can affect home value will help you understand and navigate the market. Here are the key factors that go into determining a home’s value: Comps “Comp” is...
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Posted on 02/16/2020
Assessed Value Versus Fair Market Value
Two terms that you may have heard when talking about real estate is fair market value and assessed value. These two terms are not the same or even interchangeable terms. The assessed value of a home can often be higher than the price the house is being sold. These properties can often be seen as a “bargain” in the...
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