What’s my property worth?
A number of factors are used to determine the value of a property.
Location, size, presentation and sale prices of comparable properties in the area all contribute to the value. In addition, demographic factors such as population growth and migration patterns, and economic factors including interest rates can have a significant impact.
Ultimately though, your property is worth what a buyer is willing to pay for it. A real estate agent can give you a comparable market analysis on your property. The CMA will include similar properties to yours in your area which can often give you a good indication of what your property may sell for.