What is the value of your home?  Depends on who you ask:

For each of these different groups, they all need data to justify what they say the value of the home is worth:

The secret to the value of your home?  They all use the same data.  Update frequency is the key.

Person	What they want to know	Where they get their data
You, the home owner	Wants to know how much the home will sell for and how much is owed on the current mortgage.	Online sites, like Zillow, public records, friends
County Government	Wants to know the value of your home for taxes.  The higher the value, the more taxes.	On staff appraisers, “Mass appraisal” software
Mortgage Brokers	They want to know the value of your home to see if the mortgage is a good risk.	Public Records, software, appraisal report
Appraiser	You pay the appraiser to determine the value market value of the property you are buying.	Onsite inspections, public records, appraisal software
Real Estate Agents	Wants to know how much the home will sell for.	“CMA” software, public records, MLS systems
Someone buying your home	Always thinks it is worth less than you are offering it at. :)	Online sites, public records, asking price.

Click here to see a picture of how your home is valued

Quick links to get find values to your home Zillow.com - Trulia.com - Cyberhomes.com

The key item to getting your home sold is to price it within the range that will get mortgage approval.  Most homes have a mortgage, so the lender needs to justify the risk based on the data available for the property.

County governments originate the data and provide it to the public. Online sites and software systems get data from the county government and then massage the data to produce your homes value to meet their needs.

Want to see the value for your property to know all the "values" for your home? For a free full Online Comparative Market Analysis with all the detail about your property in 24 hours please email steve@steveloper.com or enter your information here.

Let me know what you think. 

Steve