Monday, August 18, 2008

Free Online Home Appraisals

Getting an appraisal done on your home can be an expensive process. While knowing the value of your home certainly is important, there are other ways to figure it out. You can figure it out by using your property taxes or by contacting a realtor. You can also sometimes get a rough estimate of your home's value by trying one of the many free online home appraisals. Here are a few that you can choose from:

Zillow.com will allow you to enter your street address (including zip code) and zillow will tell you what the historical value of your home is as well as an estimate of the present value. You can also enter in any of your home repairs and remodels and zillow will calculate in the values of remodels in your area and figure it in to the value of your home. It isn't as thorough of a report as getting an appraiser but it isn't a bad start.

Valuemyhouse.com presents users a free house value report. You are provided with a form that asks specific information about your home and its location. After filling in the information, a professional evaluation expert will look it over and send you an estimated value report based on the information you provided. Like zillow, this is a great way to get a rough estimate of the value of your home.

Resource.Realtor.com has a long list of various websites that will help you get a free evaluation of your home. These are links that will provide you with information on how to buy homes, sell homes and how to determine the value of the home you currently own. A lot of the links provide free value reports based on some simple information that you input.

It is very important that you know how much your home is worth. After all, it is the value of your home that will determine how much you can sell it for, how much it will cost to ensure it, and how much you will qualify for in the event that you apply for a second mortgage.

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