To Value A House To Buy: How

Two identical houses on the same street can have wildly different values based on their "bones."

Sites like Zillow (Zestimates) or Redfin are good for a "ballpark" start, but they are algorithms and can't see the hole in the carpet or the smell of a damp basement.

The "value" of a house is ultimately what someone is willing to pay for it right now . how to value a house to buy

The most reliable way to value a home is to look at —recently sold homes in the same area that are similar in size, condition, and features.

In urban areas, a high "walk score" can add significant value. 6. Use Professional Tools Two identical houses on the same street can

A house three blocks away in a different school district or across a major highway may have a completely different value.

While not a perfect science, dividing the sale price by the square footage gives you a baseline. In urban areas, a high "walk score" can

If houses are sitting for 60+ days, you have the leverage to value the home lower and ask for concessions. 5. Don't Ignore the "X-Factors"