Navigating Home Values and Equity Splitting in Divorce


Navigating home values and equity splitting in divorce can be a challenging and emotionally charged process, especially when it comes to deciding what to do with the family home.  Many couples turn to online platforms like Zillow for a quick estimate of their home’s worth, but is that truly the most accurate way to gauge its value? In this blog post, we’ll explore the factors you should consider when assessing your home’s worth during a divorce and how to make an equitable decision.

The Zillow Conundrum

Zillow has become a household name when it comes to estimating property values. It’s fast, convenient, and offers privacy in your research. However, relying solely on Zillow might not give you the most accurate picture of your home’s value. Here’s why:

Factors to Consider

  1. Outstanding Mortgage Balances: The first step in determining your home’s equity is to assess how much is still owed on the property. If you’ve paid down a significant portion of your mortgage, it can impact the equity you’ll split.
  2. Multiple Mortgages: If you have a second or even a third mortgage on your property, it further complicates the equity calculation. Each mortgage will need to be considered when dividing the proceeds from the sale.
  3. True Market Value: Zillow provides an estimate based on a range of data, but it doesn’t account for the specific condition of your home. You must consider any added value, as well as any necessary repairs or maintenance that may affect the market value. An appraisal from a professional can help you determine a more accurate figure.

Case Study: Equity Calculation

Let’s illustrate this with a hypothetical scenario: You bought your home in 2020 for $500,000, and by 2022, you refinanced, bringing your mortgage balance to $520,000. Fast forward to 2023, and you’re divorcing. Zillow suggests your home is worth $650,000, and you think you can split $325,000 each. However, there are other factors at play.

If your home ultimately sells for $600,000, you’ll need to pay off the mortgage balance of $520,000 and cover selling fees. After these deductions, you might clear $55,000. In this case, the equitable split would be $27,500 each, significantly less than the initial estimate based on Zillow’s valuation.


If you’re going through a divorce and require expert guidance on navigating your home values and equity splitting in divorce, reach out to RMF Realty’s team of experienced real estate divorce specialists today. Start by connecting with a professional real estate agent who is a Certified Divorce Specialist (CDS™). Our specialists specialize in divorce-related real estate transactions and have an in-depth understanding of the unique complexities involved in selling a home during divorce.

By collaborating with a Certified Divorce Specialist (CDS™) agent, you’ll have the advantage of tapping into their valuable divorce-specific knowledge and a customized communication skill set tailored to effectively work with clients navigating the challenges of divorce within the real estate realm. We’re here to assist you in making well-informed decisions during this pivotal time in your life.

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Call to Action

If you’re going through a divorce and need expert guidance on assessing your home’s value and dividing the equity, contact RMF Realty’s experienced real estate divorce specialists today. We’re here to help you make informed decisions during this challenging time.

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For more valuable insights on real estate and divorce, explore our blog for additional articles and resources to guide you through the process.