Many people are interested in knowing the approximate value of their homes. One simple technique that you can use to estimate the worth of a house is to measure its square footage, as well as calculate how much each square foot is worth in your area. Multiplying these two values will give you an estimate of what your home is worth, by taking into account both location and size. Click here to see more information.

Here are tips to help you get started:

Measure the area of your home

To find the value of a house, start by measuring the area. In addition to square footage, you’ll want to know the shape and condition of your home. The rooms may be larger or smaller than average, which will affect its market value. You’ll want to factor this information into your calculations.

Measure and calculate the price per square foot

Once you have determined the size of your home, divide it by its area in square feet, then multiply this number by “x”. Depending on where you are, there are different averages for the price per square foot. For example, in certain areas of North Carolina, a square foot of home can be valued at $8.50; whereas in areas such as California, a square foot can cost up to $80.

Calculate the value

Once you know the price per square foot for your area and you’ve determined your total number of square feet, multiply these two numbers together to find the estimated market value of your house.

Use this information to determine the sale price

Depending on the characteristics of your home and its value, you may want to sell your home yourself or list it for sale with a real estate agent. This information can help you to get a better idea of how much a house will sell for based on market value. You can also use this knowledge when deciding how much you are willing to pay for a house.

Use a value range

The factors that affect the price of a house include location and size, both of which can vary greatly. As a result, you’ll want to calculate an average value based on these standards to get a better idea of your home’s worth.