Plainfield IL, Naperville Illinois Real Estate - What is my home worth?
By Cheryl Bowers, Plainfield, Naperville, IL. Real Estate
(Bowers Realty Group LLC)
What is your home worth?All homes have a price, and sometimes more than one. There's the price owners would like to get, the value buyers would like to offer and a point of agreement which can result in a sale. In considering home values, several factors are important: The value of your home relates to local sale prices. The same home, located elsewhere, would likely have a different value. Sale prices are a product of supply and demand. If you live in a community with an expanding job base, a growing population and a limited housing supply, it's likely that prices will rise. Alternatively, it's important to be realistic. If the local community is losing jobs and people are moving out, then you'll likely have a buyer's market. Owner needs can impact sale values. If owner Smith "must" se...