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After lots of thought and consideration, you’ve started to look for a new place to call home. As you spend time searching the housing market , you’ll need to know what your current home is worth. Knowing how to determine your home’s value will not only help you decide whether you should sell your home, but it will give you a guideline for the price your home may sell for once listed. Luckily, there are six different ways to help you determine your home’s value. 1. Review recently sold or listed homes in your area A great first step in determining your home’s value is to look at recently listed or sold homes or comps in your area . This will give you an idea of what the going price is for similar homes nearby. “When reviewing comparable sales, pay close attention to homes sold within the past 30 to 90 days and verify factors like school district boundaries, as properties on the same street can sometimes fall into different districts and have substantially different values. Look...

Key takeaways The U.S. median home sale price is $400,894, as of June 2026 – unaffordable for many buyers. Down payments can range from 0% to 20% , depending on the loan type and your financial situation.   Closing costs are usually 2% – 5% of the home’s purchase price. Buying a home has become increasingly expensive since the pandemic, straining the economy and leading to a slow and difficult housing market. The U.S. median home sale price sits at $400,894, and prices are 30% higher than they were five years ago . The average down payment is 15% ($64,000 in dollar terms), down since last year as buyers hold onto additional cash.  As affordability becomes a larger issue, it’s important to know how much it really costs to buy a home in today’s market. In this Redfin article, we’ll break down the total cost of buying a home, from your down payment to closing costs, and more. How much money do you need to buy a house? The largest upfront cost of buying a home is your down paym...

Key takeaways A low appraisal can delay or derail a home sale because lenders won’t finance more than the appraised value. Buyers and sellers have options: renegotiate, challenge the appraisal, contribute cash, or walk away. Preparing with comps, repairs, and an experienced real estate agent can help reduce appraisal issues. What does a low appraisal mean? A low appraisal happens when the appraiser values the home for less than the purchase price. Because lenders won’t approve loans above the appraised value, this creates a financing gap that can put the deal at risk. For example, if you offered $400,000 but the home appraisal comes back at $380,000, your lender will only approve a loan based on $380,000. The $20,000 difference has to be resolved between the buyer and seller. Why appraisals come in low “It is not uncommon for an appraiser to miss one or more important pieces of the value equation when appraising a home,” states Mark Bruno, r...

Your driveway is one of the first things people notice about your home, but choosing the right material involves more than just curb appeal. Durability, maintenance requirements, climate, drainage, and budget can all influence which option is best for your property. To help you narrow down your options, we compared the most popular types of driveway materials and what makes each stand out. Whether you’re installing a new driveway in your Hartford, CT home or trying a home project before selling your Chicago, IL house , these recommended materials can help you find the right fit for your home. Overview To help you compare your options at a glance, here’s a breakdown of some popular driveway materials and how they stack up in terms of cost, durability, and maintenance. Driveway material Average cost (per sq. ft.) Durability Maintenance Concrete $6-$20 High Low Asphalt $7-15 High Moderate Paver $10-$40 High Moderate Permeable paver $10-$4...

One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down. from Keeping Current Matters https://www.keepingcurrentmatters.com/2026/06/17/think-home-prices-will-crash-heres-what-the-experts-actually-expect/

Scrolling through online home listings has become one of the first steps in the homebuying process. From polished listing photos to carefully written descriptions, online listings are designed to attract attention quickly. However, not every listing tells the full story. Some details may signal costly repairs, misleading marketing, or issues that become more obvious only after an in-person tour or inspection. Whether you’re looking at a condo in Miami or a house in Seattle , understanding how to spot red flags early can help you avoid expensive surprises later. This Redfin guide breaks down some of the most common warning signs hidden in online home listings and what buyers should pay attention to before scheduling a showing. Overly vague listing descriptions A listing description should provide meaningful details about the property, including condition, upgrades, layout, and major features. When descriptions rely heavily on vague phrases without specifics, buyers should take a cl...