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Expert Insights: How Do You Determine How Much a Home Is Worth?

Doing Home Finances together

The short answer: a home is ultimately worth what is paid for it. Everything else is really an estimate of value. Take, for example, a hot seller’s market when demand for housing is high but the inventory of available homes for sale is low. During this time, homes can sell above and beyond the asking price as buyers bid up the price. The fair market value, or worth, is established when “a meeting of the minds” between you and the buyer takes place.

Please contact us for determining the value of your home.

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WHO YOU WORK WITH MATTERS

Victor Pais  |  Nick Sadek 
Sotheby’s International Realty
Cal DRE License# 01709269

Serving Placer, Sacramento, El Dorado and the surrounding areas with a full-service real estate experience. +1 916.622.0363

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WHO YOU WORK WITH MATTERS

Victor Pais  |  Nick Sadek 
Sotheby’s International Realty
Cal DRE License# 01709269

Serving Placer, Sacramento, El Dorado and the surrounding areas with a full-service real estate experience. +1 916.622.0363

 

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