Selling Your Home
How much is my Las Vegas home worth today?
By Steve Lockhart
The short answer
A home's market value is set by what recent buyers have actually paid for homes like yours, in your neighborhood, in recent months. Online estimates give you a starting range, but they are built from public records and models.
Full answer
A home's market value is set by what recent buyers have actually paid for homes like yours, in your neighborhood, in recent months. Online estimates give you a starting range, but they are built from public records and models. They cannot walk your home, and they do not weigh a remodeled kitchen, a dated bathroom, a corner lot, or a view. A comparative market analysis compares your home to sold properties that are genuinely similar, then adjusts for the differences that matter. That is the number an agent can explain line by line, and it is the number negotiation starts from. If you are serious about selling, get a comparison built for your own address instead of guessing from an online estimate. The value that matters is what a buyer will pay in the current market with current financing, not the number that sounded good six months ago.
Go a little deeper
Frequently asked
Questions sellers often follow up on
Why is the online estimate different from what a Realtor says?
Online estimates run on public records and algorithms. They cannot assess condition, upgrades, or a specific floor plan, and they usually lag recent market moves. A local agent compares real, closed sales in your neighborhood and adjusts for your home's specifics, which is far more accurate for a decision this size.
Does remodeling always raise the value?
Not every dollar spent returns a dollar at sale time. Some improvements matter more to buyers than others, and buyers simply will not pay for some of them. The honest approach is to compare what your home sells for as-is versus with the work done, then weigh the time and money against the difference.
How often should I get a new value estimate?
It depends on how fast the market is moving. In a shifting market, a value can change noticeably within a few months. If you are at the start of a possible sale, get a current assessment rather than relying on a number from last season.
The Lockhart Method
The Lockhart Method
Your Home | My Strategy | Proven Results
My strategy: get the current, neighborhood-specific number before you decide anything. We build a real comparison from sold homes that resemble yours, explain what is driving it, and only then talk about waiting, selling now, or a different plan entirely.
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