A comparative market analysis (comps) and an Appraisal are the two standard methods for deTermining a home's VAlue.   DiscountedProperties.com offers a Comparable sales (comps) service to its members for approximating the Market Value of a given property.  Each property has a "Comparable sales" link which will allow an investor to run this analysis through homeradar.com. 

A real estate agent will also be happy to provide a comparative market analysis, an informal estimate of VAlue based on Comparable sales in the neighborhood. Be sure you get listing prices of current homes on the market as well as those that have sold. However, most real estate investors research this themselves by checking on recent sales in public records. Be sure that you are researching properties that are similar in size, construction and location. This information is not only aVAilable at your local recorder's or assessor's office but also through priVAte companies and on the Internet (electronicappraiser.com, homeradar.com, are two good ones).

An Appraisal, which generally costs $200 to $300 to perform, is a certified appraiser's opinion of the VAlue of a home at any given time. Appraisers review numerous factors including recent Comparable sales, location, square footage and construction quality.

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