How do I find out what a house is actually worth?

[cobaltblue]

Can I get that from the municipality? I'm looking into purchasing a old home. It's an estate sale and the family has really jacked up the price and it needs alot of work. I want to know just how much it's really worth before I put an offer in.
Thanks

[cipher]

How much a home is worth depends on the current market. There's no hard and fast rule for the exact value of a home. The best thing you can do is to talk to a real estate agent and ask him/her to be your buying agent. Then they can take a look at what prices other similar houses in the same area sold for. These days it's a sellers market and most houses usually sell for mare than they're listed at.

[crazyboie]

Ya... the market is really saturated :cry: Hopefully higher interest rates will drop the prices a bit

[cobaltblue]

I live in a small community and the housing market here is definetly a buyers market. I thought there was a way to find out what the house has been assest (sp?) at. You know, for tax purposes, every house has a value and that controls how much you pay on taxes.

[peterbrowne]

I can get you the inaccurate assessment values for any ontario property. For atrue value, consult an MVA. PM me and i'll sned you the list of the ones in your city