Real Estate

Know Your Home’s Value

Posted: 2/9/2012

Photo credit: Hanley Wood
Your home may be worth more than you know. A newly available online tool can help you tell.

(NAPSI)—Whether you’re thinking of buying, selling, remodeling or just wondering about the value of your home, you need to know local market conditions—the picture may be brighter than you thought.

To help, the home and real estate experts at Hanley Wood Market Intelligence have a new tool. Visit www.builderonline.com, click the blue Local Housing Data tab, enter your zip code, and you’ll see graphs and charts depicting values for your local market.

Jonathan Smoke, executive director of research for Hanley Wood, says, “Healthy markets have the following traits: a growing job market, favorable demographic trends, a diverse and educated workforce, subsiding foreclosure activity, and positive quality of life factors.”

For remodeling, see how to maximize your return on investment at www.costvsvalue.com.

According to Remodeling magazine, the three projects with the highest return this year are fiber cement siding, entry door replacement, and attic bedroom remodel. Visit www.costvsvalue.com to see 32 more remodeling projects and their worth at resale.

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