Hi Phyllis, Your question can't be answered in a quick on line "blurb". You should ask a qualified and experienced real estate professional to come visit your home and give you a market appraisal based on
the most current market data. There is and should not be any obligation on your part......this is what we do!
Remember Real Estate values are intensely related to your local market and you should only work with someone who knows your market intimately. Best regards, Pam Brokate

The correct answer is: Whatever a buyer is willing to pay for it...

Replying to Gail Gladstones response:
"About what it was worth in 2002 if you are from Long Island."

Ms. Gladstone, as a real estate professional that is a very broad statement you are making. You are lumping together "Long Island" as if it was a town. If you review data from Hempstead, Roosevelt and some parts of Freeport, you're answer is probably correct. If you review data from Point Lookout, Atlantic Beach or other areas along the coast you will find prices have come down approx 5% with very few foreclosures in these areas. So do youre homework and don't do prospective clients a disservice by mis-stating the facts!

Depends on your definition of "worth." You may find that the appraisal value of your home will exceed the market value of your home with the current market conditions, especially in nassau county & suffolk county LI. Forclosures on your block aren't going to help you either. As for your home's worth, its market value is probably depreciating as you read this. Now ask yourself what are your goals? If selling your house is an integral part of accomplishing your goals? What are your goals worth to you?

Robert
This appears to be vague question.
It is worth what a willing, able, and knowledgeable buyer will pay.,

About what it was worth in 2002 if you are from Long Island.