What are the standard ways of finding out how much a home is worth?
General Answers

A comparative market analysis and an appraisal are the standard methods for determining a home's value.

Monty James and his team at Pacific Coast Executive Realty will be happy to provide a comparative market analysis, an informal estimate of value, based on comparable sales in the neighborhood. You can also research this yourself by checking on recent sales in public records. Be sure that you are researching properties that are similar in size, construction and location.

An appraisal, which generally costs $300 to $400 to perform, is a certified appraiser's opinion of the value of a home at any given time. Appraisers review numerous factors, including recent comparable sales, location, square footage and construction quality.