Do You Know What Your Home Is Worth?

Did you know that most Americans could not tell you what their home is worth?

After the last few years of recession, it should come as no surprise that most homeowners are unaware of the value of their home as they prepare for their 2012 taxes and home expense budgets.

I want you to be one of the few who are informed. You know the genuine value of “home and hearth,” but do you know the dollar value of your house – or how much of that value belongs to you?  A number of key decisions can be more wisely made with the benefit of asking yourself these questions:Is your home adequately insured? 

If disaster were to strike, would your insurance cover the losses?  In Pennsylvania, a state known for dramatic real estate developments and flooding, many devastated homeowners have learned the hard way that their homes were under insured. Do you have an estate plan that protects your heirs from estate or capital gains taxes?

Is your estate plan based on a realistic estimate of your home’s worth? A Comparative Market Analysis (CMA) is the only tool that provides current pricing of homes of your style in your area. With a recent CMA and knowledge of your home’s condition relative to others that have tested the market, you can know an accurate dollar amount for your home.

Your local Realtor should be very happy to provide you with a complimentary no obligation CMA. If you don't have a relationship with a Realtor it would be my pleasure to help you in any way that I can. Please contact me at PeggyFitzgerald@hotmail.com so we can schedule a time that I can take a closer look at your home’s upgrades and improvements to provide you with a more in-depth, personalized analysis.