Gauging market value best left to locals

Why agents, appraisers have upper hand over industry reports

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Getting an accurate sense of the current market value of your home is more of an art than a science. If you live in a housing development where all the homes are similar to one another, it’s easier to establish value than it is if you live in an area with extreme variability in home size, style, quality, amenities and condition.

To add to the mix, the real estate and finance markets are continually changing. As these markets change, so does the value of your home.