Florida Homes Mortgage
Florida Homes Mortgage
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Know Your Home's Worth

How to Determine the Value of My Home

Your home's market value is an important factor in selling, refinancing, borrowing against equity, taxes, insurance, and estate planning.

Your home's market value is an important factor in a long list of financial decisions, including selling the home, refinancing your mortgage, borrowing against your equity, estimating your annual property tax bill, buying homeowner's insurance, calculating the expected return on remodeling costs, managing your other investments, estate planning and so on.

The trick is figuring out how much your home is worth — and remembering that how much you paid for it months or years ago isn't relevant to its current market value.

Discover Your Home's Current Value →

📊 What is a Comparable Market Analysis (CMA)?

The most common method of determining a price for a house is the Comparable Market Analysis (CMA). A CMA will show exactly what properties that are similar to your house have sold for within a recent time frame.

These analyses are based on fact, rather than opinion. Generally, CMAs will list houses in a particular location that are currently on the market, have sales pending on them, have expired from the market, and have sold. Be forewarned: it is primarily the SOLD properties that you need to be concerned with.

Important: What houses are listed for on the market is not always a good indication of their value. Those with pending sales only tell you the listing price (not what it will sell for), and expired listings may indicate they were overpriced.

Get Your Free CMA Report →

CMA (Comparable Market Analysis)

Done by Realtors
FREE for sellers
Based on recent sales of identical properties
Uses 3+ sales within last 6 months
Establishes most likely selling price

Get Your Free CMA →

Appraisal

Done by licensed professionals
Costs $250-$300
Required by banks for loans
Certifies fair market value
Same pricing steps as CMA

Learn About Refinancing →

✅ What Makes a Good CMA?

  • Focuses on houses SIMILAR to yours (bedrooms, baths, square footage, style)
  • Includes properties from YOUR neighborhood
  • Uses ALL similar sales in the last year (fresher data = better CMA)
  • Minimum 3 sales, preferably within last 6 months
Get a Professional CMA →

🏠 When You Need to Know Your Home's Value

Selling your home
Refinancing your mortgage
Borrowing against your equity
Estimating property tax bills
Buying homeowner's insurance
Calculating ROI on remodeling
Managing your other investments
Estate planning
Florida Homes Mortgage
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Don't guess — get a professional, accurate valuation of your home. Whether you're selling, refinancing, or planning your financial future, knowing your home's value is the first step.

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