Valuing a home is a key issue whether you are buying or selling.  Buyers do not want to bid over the odds and a seller does not wish to lose out on valuable equity being lost.

Determining the value of a home is in many instances, quite easily done by performing a little homework and exercising common sense.  First of all, there are many online resources that will value a home quite accurately such as that provided for free by IHS Realty (see the link below).  Looking at real estate listings for your area will also show you what houses in comparable state, location and build have actually achieved when sold.  IHS Realty provides a detailed explanation of other methods which you can easily access and use.

If you can find the value of a home and justify it with your research that will put you in a very strong negotiating position whichever side of the bargaining table you find yourself on.