Professional Home Appraisal – When buying a home you will most likely have to get a professional property appraiser to appraise your home’s value. This is not to protect the buyer, but instead it is to protect the bank that is lending you money. The appraisals normally cost between $250 to $500 dollars depending on where you live and the size of the home. This type of appraisal is fairly accurate. The appraiser will come to the home for a couple of hours, take pictures and then provide a report in a day or two.

Real Estate Agents – You can sometimes get an agent to give you an estimate of your homes value. The agent will hope to get your business and will be willing to provide a free estimate. I recommend finding an experienced real estate agent who is familiar with your neighborhood. I would also recommend that you get two or three agents to give you estimates.

Online Home Appraisals – There are companies on the internet that will provide home appraisals based on historical data. These estimates range in price from free to around $99. Try using some of the free sites first to get an idea of the value of your home or the one you plan on buying. Most of these websites will ask for general information about your home and give you an estimate within seconds.

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