Market Value

You need to think about your properties market value with a dispassionate eye.  For example, if someone bought stocks two years ago for $100 a share and that same stock is now trading at $75 a share, no one would expect the buyer to pay $100 a share just because that’s what the stockholder paid. The same is true with the real estate. The value of the house does not depend how much you paid for it.  Nor does it depend upon what your neighbor says their home is worth or for how much you have invested in home improvements that please you. Instead, the value of the house depends upon what the market tells buyers its worth.