Home Values

Knowing what your home is worth with the current market conditions can in some cases cause you a heart attack. If you want to know this information I recommend you contact a REALTOR®, they will give you a value based on what other homes in your area have recently sold or listed. Using that information can help you to determine you homes value.

Some people choose to use Zillow which is most areas of the country have really good and right on values, however it is my experience that Zillow doesn't have the best values for homes in Las Vegas. For example Zillow estimates my home to be worth $200,000 (6/20/2009) however since I am a REALTOR®, I have pulled a Comparative Market Analysis(CMA) which shows homes in my area listing for between 96,900 & 179,900 and selling for $121,000 & 172,000 so you can see the differences between Zillow and your REALTOR®. I believe that using both systems can give you an advantage but you need to contact a REALTOR® for the CMA.

Thank you,
Sean T. Brown
REALTOR®