| If you are buying a home then you want to be able to | | | | then you can make a good estimate as to how much |
| get the home for the lowest bid possible. In order to | | | | your home will be worth in comparison to the sold |
| make an appropriate offer you must know the value | | | | homes. |
| of the home. There are several ways of doing this. | | | | Most home appraisals work based on sold home |
| You can either get a professional appraisal which | | | | values. Even a professional appraiser will look for three |
| could cost up to four hundred dollars or you can get a | | | | homes that recently sold in your neighborhood to make |
| free online home appraisal at one of the many | | | | a good appraisal of your home's value. There are a |
| websites online. | | | | few places that you can get the value of sold homes. |
| There are many sites that offer free online home | | | | One is your local courthouse. These are public records |
| appraisals but only a few give good estimates. In order | | | | and you should be able to search the records at the |
| for a system to know the value of your home it must | | | | courthouse. Another way is to ask a realtor to give |
| have access to public records. These records will | | | | you the latest home sales in your area. Try to get |
| show the sold homes in your neighborhood and the | | | | values in your neighborhood versus your city. |
| values. If you have the sold home values of like homes | | | | |