Market Update: Do You Know What Your House Is Really Worth?
Do you know what your house is really worth in today’s market? With home values rising over the past several years, many homeowners are sitting on more equity than they realize, and your home may be worth significantly more than you think. But the tricky part is that your home’s true value isn’t always as simple as pulling up an online estimate. While those tools can be a helpful starting point, they don’t always account for what makes your home unique, like recent upgrades, overall condition, layout, lot size, or even how your neighborhood is performing compared to nearby areas.
The most accurate way to determine your home’s value is by looking at recent comparable sales (homes similar to yours that have sold nearby), current buyer demand, and the overall pace of the market. Pricing and value are heavily influenced by what buyers are willing to pay right now, not what a home sold for last year, or what a general national headline says. Whether you’re thinking about selling, planning for the future, or simply curious about the equity you’ve built, knowing your home’s true value gives you a stronger foundation to make smart decisions with confidence.
If there’s one number you should know as a homeowner, it’s how much your house is worth. Not your mortgage rate. Not the price you paid. What it’s valued at right now. Because home values jumped nearly 50% over the last five years, and if I were you, I’d want to know what that means for my house. If you want a free, no-pressure home value estimate, let’s connect.