Study Properties of a Similar Size
Perhaps the most accurate way to get an approximate indication of the fair market value house price of your home is to study similar sold properties in your area. However, homeowners should always factor in the unique aspects of each property to buyers before settling on what you consider to be a fair market value house price.
If similar properties have less indoor square footage than your home, smaller gardens or an fewer bedrooms,your home is more desirable to buyers, and will therefore have an increased fair market value house listing price.
Properties of a very similar design, such as blocks of flats, or homes built by the same developer on a single plot of land, are slightly more difficult to estimate the approximate fair market value house price of. In many cases, the fair market value house cost is calculated by taking into account the slightly differing features of each property.
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