I have been in the business of helping home owners to find their comparable home value for more than seven years. It is so often that they make the same mistakes over and over again. In an effort to clear the air a bit, I decided to put this list of things to think about when you are researching your home's comparable market value.

I know that you probably love your home to death and believe that it is the greatest place to live and it's wonderful that you feel that way. Just be careful. A common mistake that people make is assuming that their house will be looked at that way by everyone who sees it. The reality is that many people don't have your taste in decorating or even "smells" in the home. And these little things can greatly affect your home's comparable home value.

In addition, home values go up and down constantly with the flow of a few factors that all take place within and area extremely close to your home. * One: Homes coming on the market and homes going off the market. * Two: The available inventory that buyers have to choose from. * Much, much more! It is important that a professional help you with determining these factors and setting your expectations up properly so that you don't become disappointed.

Third, if you're looking to increase your comparable home value, make sure you stop and think logically about it. Painting is a great idea, because it's cheap and can add a dramatic effect. However, I have seen people pick out lime green paint to put in their kitchen because they liked it. When you do something like that, though, you are automatically decreasing the value of your property. Keep it neutral.

Carpet is another incredible option. If your carpet is worn or stained, get rid of it! Home improvement stores will often have carpet remnants available for you at discounted rates. Another thing about carpet; if you have animals or children who pee the bed, have someone who will be honest with you come to the house to tell you if your home smells bad. While some find this comical, buyer's don not. It's an immediate turn off. Nothing lowers your comparable home value like a bad smell.

Don't just think internally when you want to make your house worth more! Think externally, too! Stain that deck! If you have one, a deck can add a dramatic effect on a home that is for sale. When people see a newly stained deck it give an image that you desire to take care of your home on the inside and out. Think about it... Did you ever go to a car lot and test drive an unwashed car?

The real estate game can be a confusing one and the terms appraisal, comparable home value and assessment often get lost in that confusion. Let me explain. An appraiser is who tells the bank what he/she thinks your home is worth in it's current condition. An assessment is assigned by your local municipality. This is how your property taxes are calculated. Last is comparable home value. This is what is important when listing your property for sale.

To summarize, there are so many things that you probably haven't thought about that come into play when determining your comparable home value. It is best to find a company like GetMyHomesValue.com who can offer you a free comparable home value report to show you exactly what your house is worth in today's market.