Specifically, you look at houses near yours (within
August 31st, 2009
Specifically, you look at houses near yours (within a half-mile, but the closer the better) that have […] Of course, it will likely be impossible to find houses that recently sold nearby which are exactly like yours. It isn’t as complicated as it sounds, but it isn’t as accurate as we would like either. You don’t want to just guess. What is fair market value? What you really want to know is how to estimate that value ahead of time. Several of these “comparable” sales will give you an idea of what your home should sell for.
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