How do I calculate the market value of a property?

Answer Get ComparablesTalk to a real estate agent. Have her compile a list of similar properties that have sold in the last six months within a 1 mile radius of the property.Figure DepreciationAdjust the ... Read More »

Top Q&A For: How do I calculate the market value of a property

What is the difference betweeb assessed value and fair market value on property tax statements?

The assessed value of a home is used to levy property taxes. It is determined by averaging the data from neighborhood studies, sales transactions and inspections, according to the city of Milwaukee... Read More »

Market Value vs. Assessed Value of a Home Property?

Homeowners, home buyers and home sellers may be keenly interested in different measures of a home's value, two of which are assessed value and market value. It's important to understand these terms... Read More »

How to Find Fair Market Value of Property?

Whether you plan to sell a piece of property in the near future or simply want to get an idea of the value of the asset to determine your net worth, you'll have to find out its fair market value. T... Read More »

Determining the Fair Market Value of Old Property?

When selling older property, it's important to find recent home sales that are a close match to your property. Some older styles of homes are more popular and demand a higher market value. Using on... Read More »