HomeManager

The financial summary is located on the HomeBoard and gives homeowners a quick look at financial information about their homes.

Current Home Equity – On the Property Summary page, under the Home Information tab on the left-hand menu, homeowners can use our Home Equity Calculator to find their current home equity. Then this area on the chart will be updated!

Fair Market Value – The current value shown is the tax-assessed value per the homeowner's local county records. However, HomeManager believes your realtor can provide the best estimate of the market value of your home, so this number can always be updated on the Property Summary page, under the Home Information tab on the left-hand menu if homeowners think this is a better estimate.

Total amount invested in home – This number is the total of home costs, land costs, maintenance costs, repair costs, replacement costs, and new project costs that you have accumulated on the home.

Home Gains – Home gains represent the difference between fair market value and the total amount invested in home.

Replacement Budget – This number represents how much money homeowners should set aside for the eventual replacement of items around their home. Homeowners won't see any number value here if they haven't entered data on the Replacement Budget page.

- Current Home Equity – On the Property Summary page, under the Home Information tab on the left-hand menu, homeowners can use our Home Equity Calculator to find their current home equity. Then this area on the chart will be updated!
- Fair Market Value – The current value shown is the tax-assessed value per the homeowner's local county records. However, HomeManager believes your realtor can provide the best estimate of the market value of your home, so this number can always be updated on the Property Summary page, under the Home Information tab on the left-hand menu if homeowners think this is a better estimate.
- Total amount invested in home – This number is the total of home costs, land costs, maintenance costs, repair costs, replacement costs, and new project costs that you have accumulated on the home.
- Home Gains – Home gains represent the difference between fair market value and the total amount invested in home.
- Replacement Budget – This number represents how much money homeowners should set aside for the eventual replacement of items around their home. Homeowners won't see any number value here if they haven't entered data on the Replacement Budget page.