Knowing the average home price in your area and/or the area you want to be in is especially challenging in this market. I’m a balanced market though, you will typically be able to utilize certain tools to help you determine the value taking your personal bias out of the equation. Sometimes it’s hard to really know what your home is worth because the value of the additions, renovations, or simply the appreciation may be off compared to what someone is willing to pay and/or what the market demands.