Setting the right starting price is an
important step in getting a home sold. Sellers may wonder if they should
spend $300 to $400 for a certified appraisal of their property before placing
it on the market.
A professional appraiser's opinion of a
property's value is based on the recent sales of similar homes in the surrounding area. Different
appraisers can and do come up with different numbers. Even if all of them were to agree on a
value, there is no guarantee that you would receive an offer for that amount for your
property. An alternative to a professional appraisal is to ask a local
Realtor for a competative market analysis of your property. This analysis will
include info about recent home sales in your neighborhood, as well as how
those homes relate and compare to yours. Real estate agents may provide this service with no charge
or obligation. If you are still wondering the value of your home, you may wish
to pay for an appraisal.