There are many methods to come up with a value for a house. Before you consider how, it is important to ask what you need it for. Is it to list the home for sale? Your annual trust valuing? For a certain date range? Or for estate purposes and the value at someone’s death?
After determining what you need the evaluation for, the estimation of a sales price or value of a property should be science and can involve some art. In this video, I discuss various tools for coming up with the correct value of a home.