How Do I See How Much My House Is Worth in Cincinnati?
The average list price for a home in Cincinnati, Ohio, in 2010 is $216,381, according to Trulia real estate trends. However, the median sales price is $139,950. The average price per square foot is $86.00. In spite of the city's average list price, your property value and price per square foot will increase or decrease depending upon your location and the condition of your home. Generally, a property located in Hyde Park or Mount Adams will carry a greater market value than homes located in English Woods or East Westwood. There are online tools to help determine your home's value. However, if you are planning to refinance you will have to hire an appraiser.
Instructions
1. Type http://realestate.yahoo.com/Homevalues in your Web browser. Type in your home address including city, state and zip code. The search engine will provide you with a ballpark idea of your property value. Property value is based upon recent home sales in your neighborhood.
2. Go to www.zillow.com on your computer. Zillow will search properties in your area and provide a picture of your street. Home values will be placed on each house located near yours. Click on them to compare property features. Homes that have more bathrooms, square footage or bedrooms than your home may have a greater value than your home.
3. Type http://www.moveup.com into your Web browser. Put in your home address, city, state and zip code. Complete the form and submit your information. Your results will appear, demonstrating homes that have sold in your neighborhood. The sales price will appear, as well as the price per square foot. It will also provide a bar graph so you can compare your home to others that have sold.
4. Call an appraiser and schedule an appointment to have your house appraised. An appraiser will base your home value upon what other houses have sold for in your neighborhood. The appraiser will compare your home features to other homes. Lenders will use the appraised value of your home if you are refinancing.
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