Home value is important whether you’re a buyer or a seller. Home value is essentially what you are getting for what you pay. Home value is important for buyers because it should determine how much you are willing to pay for the home you’re interested in. If a home checks all the right boxes in your opinion then the value of that home is worth a lot to you personally. Usually, if a home has high value there will be many interested buyers and you might have to go over the asking price. For sellers, home value is important because it determines how likely your home is to sell. A realtor can help give you an estimate of your home value. If your home value is very low, there are things you fix/change to increase it. Major changes like remodels and renovations can seriously increase your home’s value, but small fixes like paint color and appliances can as well.