Thursday, February 10, 2011

Home Values

Understanding Home Value
It’s the most basic question in real estate: How much is a home worth? Whether you’re buying a house, selling one, refinancing a mortgage, or making home improvements, home-value considerations are paramount.

That’s where AOL Real Estate can help. We’ve gathered comprehensive home-value data from across the country, so you can see what your home is worth and how it compares to other houses in your neighborhood. Our expert guides will help you understand how banks and appraisers determine home values; figure out the best way to put your home equity to work for you; and maximize your home’s value with smart improvements that pay you back at resale. After all, no two properties are alike, which is why understanding the nuances of home value is key to getting the most for your real-estate dollar.
These days, determining home value is as much an art as it is a science. We’ll explain the different approaches professionals use--and why they can yield very different results for the same property--and help you get started researching your home’s value on your own.
Increase Your Home's Value
It doesn’t take a lot of money to grow your home’s value. It just takes smart planning. With the right projects, a modest investment can yield major returns. Follow our advice to find the high-value upgrades that fit best with your house and your budget.
Home Value Tools

Start putting your home equity to work for you. Learn the ins and outs of refinancing, how you can benefit, and when to take advantage of lower interest rates.

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