To come up with an estimate of market value we look at all homes that are on the market or have sold or not sold in the last 6 months in your subdivision. Next, we multiply the square footage by the price per foot of the most comparable homes and make weighted adjustments for differences in floor plan, age, condition, updates, location, and amenities. Ideally, you compare and look at those sold homes that compare to your home in 25% of size, 33% of age, within 1/2 mile, in the same neighborhood. Next make adjustments for the number of beds, baths, condition, updates, location, size, and garage spaces. These are not rules but guidance and many exception situations can influence buyers and appraiser’s opinion of value. You can request a market valuation by completing the Market Valuation Request Form on our Website. We will provide you with an initial report of the activity in your market area.