What is My Home Worth? Don't be Naive
There's a saying in the real estate industry wrapped around the question "what is my home worth?" that gives you different perspectives depending on which side of the fence you're on.
"If you are buying, it's a house. If you are selling, it's a home" and speaks to personal attachment, motives, emotional and financial investment.
Determining fair market value is the most important part of listing a home if you expect it to sell; one could easily say it's half the battle - the other half being marketing effectively.
Even the most effective marketing won't sell an an over-priced home, though a home listed at the top range of fair market value can sell for more than expected if the marketing is broad,…