Jim Remley from Pro Seminars has a useful perspective on determining the value of your home. When we meet, I will be glad to provide you with a copy of Jim's whole article.
The Secret to Pricing Your Home to Sell
by Jim Remley, Pro Performer Seminars
Contrary to popular belief, when selling your home its value is determined by one thing and one thing only - what a qualified buyer is willing to pay for it. No more and no less. You may have been informed that your home has an insurance replacement value, or an appraised value, or a tax assessed value, but unless your insurance agent, your banker, or your tax assessor is willing to write you a check for the home then none of that matters. A home without a buyer has no value in the market place. Surely it has a value to you the seller, and it might have a value to your banker, and to your insurance agent, and to your appraiser. But none of these people are buyers.