I don’t know about you, but once we moved into our house I started to get curious about how much it was worth compared to others in the neighborhood. This didn’t start right away. No, we were far too busy tearing out walls and refinishing floors and re-painting everything in the first six months or so to worry about things like that. However, as our house started to shape and become something that we felt we’d made even nicer than it had been when we’d purchased it, I started to wonder how our home compared to the rest of the homes in the neighborhood.
The only problem was you can’t just walk up to a neighbor that is selling their home, or a new one who just moved in and ask them what the price of their home is. Well, you can, but I’m not the type of person to do that.
I found a few ways to figure out the prices of homes in the area – and soon discovered that similar homes were selling for about $100,000 more than we’d purchased our home for. Man, we got a deal! Now our house, If I go by the rate of similar home sales in the area, is worth more than 150,000 more than we paid.
I just found site that will help people living in the United States sate their curiosity. You can go to the site and type in your address and get a property appraisal which will tell you the estimated value of your home as well as information as to how much people in your neighborhood have been selling their homes for. I can see a site like this coming in handy for someone who is thinking of selling their home and trying to figure out how much they would get if they sold it.
Yeah, but that’s, like, Canadian money, right? 🙂