---
title: Understanding the Factors That Affect Property Value
description: When selling or buying a home, you need to know what the property is worth. Check out this infographic showing the key factors that affect property value.
image: https://blog.homesandland.com/hubfs/Screenshot%202021-03-29%20154624%20(1).jpg
---

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[Homes & Land Blog](https://blog.homesandland.com) > Understanding the Factors That Affect Property Value

---

# Understanding the Factors That Affect Property Value

One of the most important parts of listing your [home for sale](https://www.homesandland.com/) is to price it right. Many real estate agents will determine your home's selling price using a combination of their experience and a comparative market analysis. After looking at these two items, any upgrades that have been made or repairs that need to be made will be added into the calculation. 

Looking to determine your home's value right now? To receive an instant estimated market value for your home or a home you're interested in purchasing, check out this [home value calculator](https://www.redfin.com/what-is-my-home-worth)\*. This free tool is very easy to use; you won’t even break a sweat!

## A Look at the Factors That Affect Property Value (Infographic)

This handy infographic shows the key factors that affect property value and offers suggestions on what you can do to improve the value of your home:

[![Infographic of the key factors that affect property value](https://blog.homesandland.com/hubfs/Imported_Blog_Media/HomeWorth_Infographic.jpg)](https://www.homesandland.com/Home-Values.html)

## What is *MY* Home Worth?

The above infographic helps illustrate what actually goes into determining a home's value. For a more precise evaluation, click over to use [this home valuation tool](https://www.redfin.com/what-is-my-home-worth)\* and receive an instant and FREE home value estimate (or an estimate for a home you're interested in purchasing). The free report will show recent sales information for other homes nearby and also a list of homes that are currently for sale in the neighborhood and give you a good answer to the question, "What is my home worth?"

\*This service is currently available in US markets only.

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