How do I find the market price for a house?
A market price takes into many different factors but generally represents a price that a buyer is willing to buy a particular house. Of course, location, size, amenities, house condition, local market conditions, house supply and demand, local employment rates are amongst the many factors that influence a house price.
- Use on online MLS listing service for your local area, as well as HouseSpin to get an idea of what the price of the house should be to either buy or sell.
- Ask a Real Estate Agent for a free home evaluation. Be honest and up front when dealing with Agents, they are after all doing you a favor giving you information and help. Keep their card as you may need it later.
- Look at the online county tax rolls for assessed value. Often county appraisal districts make their tax information online. These assessed values typically are very close to a market value as the appraisal districts want to maximize their tax revenue in an increasing market. Please keep in mind that the assessed values serves as a datapoint but no means should be the only clue to a true market price.
- Current offering prices offered for comparable houses on same street/subdivision.
- Previous sold prices for comparable houses on same street/subdivision.
For complete guidance seek advice from your certified financial planner, accountant and attorney.
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 County Appraisal
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