Property Values

Improve Your Real Estate IQ, Get our E-Course for Buyers Send It To Me!

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 - 3 weeks online
$200,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
991
SQFT
3473 Hewitt Avenue 105 #105
Silver Spring, MD 20906
THE MONTEREY CODM Subdivision
New Listing - 4 weeks online
$200,000
Townhouse For Sale
Active
3
BED
2
TOTAL BATHS
1,250
SQFT
18715 Ginger Court
Germantown, MD 20874
GERMANTOWN PARK Subdivision
Price Change - 4 weeks ago
$200,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
783
SQFT
Grosvenor Park #1525
10201 Grosvenor Place 1525
Rockville, MD 20852
$205,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,195
SQFT
3310 N Leisure World Boulevard 6-511 #6-511
Silver Spring, MD 20906
FAIRWAYS NORTH AT LEISURE WORLD Subdivision
Price Change - 3 weeks ago
$205,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,115
SQFT
Fairways North C #425
3310 Leisure World N Boulevard 425
Silver Spring, MD 20906
$205,000
Commercial For Sale
Active
MONTGOMERY-MD
COUNTY
Crown Pointe Ii #240
610 Professional Drive 240
Gaithersburg, MD 20879
New Listing - a week online
$205,000
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,286
SQFT
Newport Est Sec #135
12 Benji Court 135
Gaithersburg, MD 20877
$206,900
Condo For Sale
Active
1
TOTAL BATHS
454
SQFT
Willoughby Of Ch #1002N
5500 Friendship Boulevard 1002n
Chevy Chase, MD 20815
New Listing - 3 weeks online
$207,000
Townhouse For Sale
Active
2
BED
2
TOTAL BATHS
978
SQFT
10216 Ridgeline Drive
Montgomery Village, MD 20886
CLUBSIDE Subdivision
$209,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,231
SQFT
Americana Centre #310
118 Monroe Street 310
Rockville, MD 20850
$209,000
Townhouse For Sale
Active
2
BED
3
TOTAL BATHS
1,385
SQFT
Maryland Mutual #11 Inc. #242D
3148 Adderley Court 242d
Silver Spring, MD 20906
$209,000
Condo For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
940
SQFT
Flower Oak Condominium #302
8308 Flower Avenue 302
Takoma Park, MD 20912
$209,900
Condo For Sale
Active
2
BED
1
TOTAL BATHS
940
SQFT
Sierra Landing C #201
11512 Bucknell Drive 201
Silver Spring, MD 20902
New Listing - 3 weeks online
$209,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,053
SQFT
8 Monroe Street 201 #201
Rockville, MD 20850
AMERICANA CENTRE Subdivision
Price Change - 2 weeks ago
$209,900
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,273
SQFT
Breckenridge Cod #302-268
9810 Leatherfern Terrace 302-268
Gaithersburg, MD 20886
$209,900
Condo For Sale
Active
1
BED
1
TOTAL BATHS
820
SQFT
Mica Codm @ Silv #610
1220 Blair Mill Road 610
Silver Spring, MD 20910
Price Change - 21 hours ago
$209,900
Condo For Sale
Active
2
BED
2
TOTAL BATHS
922
SQFT
Longmead Crossin #2CC
6 Normandy Square Court 2cc
Silver Spring, MD 20906
$210,000
Condo For Sale
Active
1
BED
1
TOTAL BATHS
770
SQFT
Grosvenor Park #716
10401 Grosvenor Place 716
Rockville, MD 20852
Price Change - 5 days ago
$210,000
Townhouse For Sale
Active
2
BED
2
TOTAL BATHS
1,026
SQFT
10015 Ridgeline Drive
Montgomery Village, MD 20886
CLUBSIDE Subdivision
Price Change - 3 weeks ago
$210,000
Condo For Sale
Active
2
BED
1
TOTAL BATHS
774
SQFT
Hilltop Codm #5
7734 Maple Avenue 5
Takoma Park, MD 20912

Connect with the Author Bob Myers on Google+

Curious about current market conditions in your neighborhood? Get our free custom report - - Click Here!