How to Determine Your Home’s Worth
A Guide from Local Realtor, Katy Jones
If you’re a homeowner in Central Ohio—especially in communities like Glenross—knowing your home’s true value is key. Whether you’re thinking about selling, refinancing, or just curious about your equity, understanding how your home is valued helps you make confident decisions.
I’m Katy Jones, your local Realtor, and I’m here to break down the process in a simple and practical way.
1. Start with Recent Sales in Your Neighborhood
One of the best ways to estimate your home’s worth is by looking at comparable homes (“comps”) that have recently sold nearby. As your neighborhood expert, I look at properties with:
• Similar size, layout, and features
• Recent sales (typically within 3–6 months)
• Comparable condition and updates
2. Be Cautious with Online Estimates
You’ve probably seen home value estimates on websites like Zillow or Redfin. While these tools can give you a ballpark figure, they often miss the mark because they don’t account for the unique details of your home—like recent upgrades, condition, or location-specific trends. If you want a more personalized and accurate estimate, I’d be happy to review your home and provide insight based on real local data.
3. Consider a Professional Appraisal
If you’re refinancing or need a formal valuation (for legal or financial reasons), a licensed appraiser is your go-to. They’ll inspect your property, compare it to recent sales, and provide a detailed report. I can connect you with trusted local appraisers if needed.
4. Get a home equity evaluation from Me!
Once you’ve found a lender and a home, ask about their rate lock policy. Some lenders offer a free lock for a specific period, while others may charge a fee. Make sure you understand the terms and the expiration date.
5. Evaluate Your Home's Condition and Features
Even two identical floorplans can have different values based on condition. Ask yourself:
• Have I made any updates or renovations?
• How old are the roof, HVAC, and other major systems?
• Is my home well-maintained inside and out?
Small details like curb appeal, fresh paint, and updated lighting can increase your value more than you might expect.
Final Thoughts From Realtor Katy Jones
Determining your home’s worth isn’t about guessing—it’s about strategy, data, and a deep understanding of the local market. I’ve helped many Columbus and Delaware-area homeowners learn their home’s value and take the next steps, whether that’s preparing to sell or just staying informed.
** Want to Know Your Home’s True Value? **
Let’s find out with a free equity evaluation—no pressure, just real insight.
Click below or message me to get started today!
— Katy Jones, Your Local Realtor
Contact Katy or schedule an appointment
Katy Jones
Coldwell Banker Realty
614-572-6362
Katy.Jones@CBRealty.com
www.BuySellLoveColumbusOhio.com