In residential real estate, a number of different methods exist to determine the value a property. For homeowners who are trying to sell a home, it is crucial to price the house correctly. You need to pick the right price tag and consider how much your house is worth. Pricing is all about supply and demand. Knowing the current market flow is crucial to determine the right price of your home – you surely don’t want to ”over-price” or ”under-price” your home.