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Evaluation. A home evaluation is like a home inspection and an appraisal combined. It is usually preformed by a realtor to help determine the market value of a home that his client would like to sell or a home his buyer would like to buy.
How to find the value of a home Use online valuation tools. Searching \u201chow much is my house worth?\u201d online reveals dozens of home value estimators. ... Get a comparative market analysis. ... Use the FHFA House Price Index Calculator. ... Hire a professional appraiser. ... Evaluate comparable properties.
Use their guidelines to help you make an informed assessment of a home's condition. \u274f Check the floors. ... \u274f Notice cracks in the wall. ... \u274f Pay attention to fresh paint. ... \u274f Look for water in the basement. ... \u274f Test the windows. ... \u274f Assess the roof. ... \u274f Note the trees outside. ... \u274f Eyeball electrical and plumbing.
A Home Evaluation Worksheet helps keep all those variables organized and the houses fresh in your mind. Use the Home Evaluation Worksheet document if: You're searching for a house. You'd like to compare several properties. You want to ensure the home inspection is comprehensive.