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Home Values

Key Factors In Home Values

  • Recent Sales of comparable houses (in terms of size, features, location and style)
  • The condition of the interior, exterior, major systems, and grounds
  • Local market conditions, including the inventory of comparable homes
  • The existence of other competing buyers
These factors only provide part of the answer. Your own motivations also weigh heavily on any determination of value: how well does the house meet your goals? A homeownership professional specializing in the local market is best qualified to give you an accurate assessment of a home's current market value, and to help balance market realities with your dreams. Considering all of these factors will allow you to make a competitive offer.
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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2009 Maine Real Estate Information System, Inc. All Rights Reserved.