GILLIS AND COMPANY
A division of
ERA KEY Realestate
An insurance Appraiser's job is to appraise the cost to replace your house. Therefore, a licensed appraiser would evaluate your house for that reason which includes potentially rebuilding it a similar house in the current lot.
A real estate professionals' job is to estimate the market value of your house. Based on recent market activity, around what price would buyers seem willing to pay for your house based on its location, size and condition.
A city asessor's job is to provide a value to be assigned to your property as compared to your neighbor and the community to acertain your share of property tax. They have rather elaborate calculation parameters that may or may not have to do with market value and more to do with burden on community resources (i.e. drainage conservation or other community incentives may also get factored in to one's assessed value)
The presumption is that you're asking with regard to determining how much you might expect to sell your home. For that purpose, an estimate from a reliable, experienced real estate professional would probably give you the best answer. It would be based on a) what, if any, similar properties have sold in the are b) what, if any, similar properties have gone under agreement in the area c) what if any, similar properties are currently on the market. Also, what should be taken into consideration, is the fluidity of your current market (i.e. how many houses are on the market and how many tend to buy in your market). Again, estimates often can have quite a range and usually an experienced agent will best be able to tell you how your home would fit into that range.
Best of luck!
Katie from Trulia here! Trulia Estimates can give you a rough idea what your house is worth--just search for your property's address on Trulia, and if it's not for sale, you'll likely see the Trulia Estimate in the upper right of the screen. We use a bunch of data, including recent sales of similar homes and home facts like beds, baths, square feet and more to determine the estimate. You can learn more about how Trulia Estimates are created here: http://www.trulia.com/trulia_estimates And once you've found your home, you should claim it and make sure all of it's facts are correct.
Although the Trulia Estimate can be helpful, we always recommend that you talk to a real estate agent if you want a more professional opinion of your home's value, or if you're thinking of selling your home. You can search for local agents here: http://www.trulia.com/voices/directory