Property Values

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Montgomery County MD Property Values

Figuring out what your Montgomery County home is worth in the current market involves finding comparable properties that have recently sold in your neighborhood.  I can provide you with an In-Depth Price Analysis of your home’s value using the multiple listing service in Montgomery County MD.  You can also get a Free Report – What’s Selling in Your Neighborhood by providing your address.

How do I Find Montgomery County Homes that are Comparable?Montgomery County MD

Comparables, or comps, are properties that are similar to yours that have sold in the last three months in your immediate area.  In most cases they are similar sized homes of the same type in about the same age range with roughly the same amenities.

You can visit these pages on our site to get more detailed information about the individual neighborhoods in the cities and average prices in these areas:

The square footage of your home is one of the key variables in being able to compare homes.  The Myers Team has access to the tax database, which shows us the home’s square footage.  It is normally calculated  for the upper levels and may show a separate amount for the lower level. You can also look up individual addresses in the state’s tax system to find your home’s square footage.  Another key variable to compare is the lot size.  Other variables in determining comps including garage size, upgrades such as gourmet kitchens and updated baths and amenities such as pools and decks.

What About the Montgomery County MD Property Tax Assessment?

Our Team also looks at the property tax assessment to determine if there might be other factors the county has used to determine your home’s relative worth.  However, the county’s assessment of value is not a substitute for market value.  County assessments do not reflect current market conditions, they just help us compare the value of one home in a neighborhood with another.  You can look up a home’s Montgomery County property tax assessment.

Looking at Past Sales of Montgomery County Homes

When looking at the sales price of a recently sold home in Montgomery County, you need to net out the seller subsidy that was paid to help the buyer with closing costs.  This subsidy is a fairly common practice in this real estate market in the Montgomery County MD area.

How does the School Affect my Property Value?

Your neighborhood’s school assignment does affect the value of your home.  There are Montgomery County high schools that are considered more desirable, homes in those areas are generally more expensive than comparable homes in other areas of Montgomery County.

Search the Multiple Listing Service for Montgomery County, MD Homes for Sale – Click on the map to refine your search according to your needs. You can register to get alerts, save favorites, make property notes and save your searches.  Email The Myers Team at bobmyersteam@gmail.com for a list of Coming Soon properties, which are not included here.

New Listing - 4 weeks online
$200,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,198
SQFT
Ridgeview Codm #2000-L
10101 Ridge Manor Terrace
Damascus, MD 20872
Price Change - 4 weeks ago
$200,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
The Waterford #204
3333 University Boulevard
Kensington, MD 20895
New Listing - 4 days online
$203,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
950
SQFT
Brookstone Codm #4-C
13304 Kilmarnock Way
Germantown, MD 20874
New Listing - a week online
$204,000
Condo For Sale
Active
2
BED
1
TOTAL BATHS
1,048
SQFT
North Creek Plac #4
5578 Burnside Drive
Rockville, MD 20853
New Listing - 5 days online
$204,900
Townhouse For Sale
Active
3
BED
2
TOTAL BATHS
18706 Curry Powder Lane
Germantown, MD 20874
GERMANTOWN PARK Subdivision
New Listing - 3 days online
$204,999
Condo For Sale
Active
1
BED
1
TOTAL BATHS
902
SQFT
Takoma Overlook #715
7333 New Hampshire Avenue
Takoma Park, MD 20912
$205,000
Condo For Sale
Active
1
TOTAL BATHS
511
SQFT
Willoughby Of Ch #1115N
5500 Friendship Boulevard
Chevy Chase, MD 20815
$205,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
922
SQFT
Longmead Crossin #4AD
14913 Cleese Court
Silver Spring, MD 20906
$208,000
Condo For Sale
Active
1
TOTAL BATHS
454
SQFT
Willoughby Of Ch #1002N
5500 Friendship Boulevard
Chevy Chase, MD 20815
New Listing - 19 hours online
$209,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
940
SQFT
Flower Oak Condominium #302
8308 Flower Avenue
Takoma Park, MD 20912
$209,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,231
SQFT
Americana Centre #310
118 Monroe Street
Rockville, MD 20850
$209,500
Condo For Sale
Active
1
BED
1
TOTAL BATHS
912
SQFT
Grosvenor Park Iii #208
10401 Grosvenor Place
Rockville, MD 20852
New Listing - 4 days online
$209,500
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,210
SQFT
Mutual 20 A #2-1009
15107 Interlachen Drive
Silver Spring, MD 20906
$209,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,074
SQFT
Mallard Cove Cod #T104
8111 Needwood Road
Derwood, MD 20855
Price Change - 2 weeks ago
$209,990
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,400
SQFT
Glenwaye #101-1
2309 Greenery Lane
Silver Spring, MD 20906
Price Change - 4 weeks ago
$210,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,047
SQFT
Americana Finmark #7-301
9901 Blundon Drive
Silver Spring, MD 20902
New Listing - 4 weeks online
$210,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
949
SQFT
Tiers At Sil Spr #E
1631 Carriage House Terrace
Silver Spring, MD 20904
$212,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
841
SQFT
Grosvenor Park I #1414
10201 Grosvenor Place
North Bethesda, MD 20852
Open House 08/22 at 1AM
$214,000
Condo For Sale
Active
2
BED
3
TOTAL BATHS
1,385
SQFT
Maryland Mutual #11 Inc. #242D
3148 Adderley Court
Silver Spring, MD 20906
$214,500
Condo For Sale
Active
2
BED
1
TOTAL BATHS
993
SQFT
Takoma Overlook Condominium #206
7333 New Hampshire Avenue
Takoma Park, MD 20912

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