How do I find fair market value of a home in Houston Texas (comparables)

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A Realtor will have that information for you, but if you are doing it on your own, it is a little work. I would look at homes for sale in a particular area (which can be done on this site). Then you should look at what the appraisal district states the value of the home is for taxes (for Harris county this would be at HCAD.org) You have to look at several homes to get a good idea, and you will want to divide the home price by the square footage, so you are comparing apples to apples. You will then see which homes have a value closer to a fair market value to those asking more or less.

Answered by Frank Schulte-Ladbeck on April 8, 2008: Profile | Contact | Website

A good realtor (as your Buyer's Agent) is the best way to get updated comps in a specific area. Recent sales on the tax rolls may help too, but if the home hasn't been sold for many years or has multiple exemptions, etc, the tax rolls might not reflect the true market value. A Buyer's Agent typically is paid by the seller and therefore, will not 'cost' you, but the help you get will likely be invaluable in helping you through the entire buying process and negotiating a good price for your home.

Answered by Jill Aylwin on April 12, 2008: Profile | Contact | Website

Investment	Suburbs
Townhomes	Mortgage
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