"Call a realtor. Preferably a realtor you aren't friends with. Tell them you want to sell your home and will ahve them sell it. They will tell you what's it's worth. Add $10,000 to the price and sell it yourself. This gives you bargaining room."
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G. M.
I don't blame you for dropping your name and going for anonymity after that bit of advice. Oops, maybe that wasn't exactly your choice. :)

Call a realtor. Preferably a realtor you aren't friends with. Tell them you want to sell your home and will ahve them sell it. They will tell you what's it's worth. Add $10,000 to the price and sell it yourself. This gives you bargaining room.

Hi Jean
Thanks for your question.

There are different types of value:
1. Fair Market Value - usually asked by heirs to an estate or perhaps in a divorce settlemet where a full appraisal is not needed, but a market value analysis is required.
2. Appraised value - performed by an appraiser, usually based on sold sales, so if the market is going down may tend to overstate the value, if the market is going up may understate the value, usually conservative if the home is being used as collateral for a loan.
3. Replacement value - based on the cost to re-build the home after a total loss, used by insurance companies
4. Market Value - what a willing and able buyer would pay and a seller would accept. This is generally based on not only closed sales, but also takes into account the current market trends, active, pending, and expired listings.

If you are thinking of putting your home on the market I would be happy to refer you to a Realtor that specializes in helping sellers like you get top dollar for their home. You can contact me via my Trulia profile.
Good luck.

Jean, your best bet is to contact a local real estate agent as the market is changing dramatically even from neighborhood to neighborhood. If you arent ready to do that then go online to your local auditor's office and find homes that have sold on your street of similar age and size.