What is My House Worth?

Whether you’re looking to sell your house or just take a glance, this is a question that many homeowners are wondering.

The first place to check is Zillow, which is a real estate website designed to aid consumers in finding information on real estate and home loans.  The site was originally created to tell consumers what the estimated value of any given property was.

I also recently found a calculator fron the Federal Housing Finance Agency that estimates the value of a home by the average increase or decrease in value over a period of time.  It uses 4 variables to determine your value:

  1. What area your house is (State or City)
  2. When you purchased your house
  3. A Valuation time
  4. the price you paid for the house

Here is a link to the Federal Housing Finance Agency’s calculator.

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