That's the question many homeowners think of when it comes to real estate, or when they see a for sale sign go up in their neighborhood. The true definition of what it's worth is what a buyer is willing to pay and a seller is willing to accept. In our current market however it's not always that simple. There are appraisals to consider when a buyer is using a loan. When there are appraisals, there are comparisons. Most commonly the comparisons have to do with the other homes in your neighborhood that have recently sold. At this point your home is now worth what a previous buyer was willing to pay and what your neighbor was willing to accept. That's just something to consider when trying to determine your homes value. Cash buyers are a completely different scenario. That goes back to the traditional buyer offer/seller acceptance (as long as it satisfies the sellers current loan balance). Hope this shed some light on the matter. Do you agree with what is said? Have something to add or perhaps a question? I'd love to read it.