Why You Should Reassess Your Home’s Value Each Year
Most people meet with their financial advisor at least once a year to check in on their investments. They want to know: How are things performing? Am I on track? Do I need to adjust anything?
Yet, for many homeowners, the largest investment they own — their home — goes unchecked for years at a time.
Your home’s value is influenced by dozens of factors: local market trends, interest rates, neighborhood changes, improvements you’ve made, and even shifts in buyer demand. These can all add up to significant changes in what your property is worth.
Reassessing your home’s value annually provides several key benefits:
Peace of mind – knowing where you stand financially.
Planning power – whether you’re thinking about renovations, refinancing, or buying your next home.
Opportunity awareness – sometimes timing is everything, and a market shift could open unexpected doors.
And those opportunities aren’t always about selling. For example:
You may discover you have enough equity to open a home equity line of credit (HELOC) — giving you flexibility for big expenses or emergency funds.
A cash-out refinance could provide capital for college tuition, starting a business, or consolidating higher-interest debt.
Strong equity might even allow you to leverage your current home into an investment property, creating new income streams.
Just like you wouldn’t ignore your retirement portfolio for a decade, it’s wise not to ignore your home’s value either.
If you’d like a personalized assessment of your home’s current market value, our team is here to help — no strings attached. Think of it as your “annual real estate check-up.”
