Market Value is as much a perception as it is a number. Location, schools, condition, square footage, number of bedrooms and bathrooms are the main factors in determining value. But there are many other somewhat subjective factors that can affect the way a potential buyer perceives the value of your home compared to others they see.
The value of a home, as a number, is determined by a licensed Appraiser. But Market Value is determined by how much a buyer is willing to pay at any given point in time. There are many things you can do to increase the Market Value of your home. If you are thinking of selling, you need to review this list and see how you can maximize the return on your investment!