Ecology of Money

How Much Is Your Home Really Worth?

John F. Wasik

For many Americans, your home's value is not just a financial matter; it's often a matter of self-esteem, too. Many of us--even if we're not planning to sell anytime soon--hop online, enter our address, and hold our breath to see what our homes are worth today.

Yet valuing a home is not a precise business. There are myriad calculators that will give you some idea of what your home is worth, but what someone is willing to pay for it is often another matter entirely.