For most of real estate history, determining a home’s value has been left to appraisers and Realtors. The stakes are high for homeowners who need a solid valuation in order to make important decisions concerning refinancing, listing their home for sale, or for those who just need peace of mind by knowing what their largest monetary investment is currently valued.
As soon as you fill out our short Valuation Questionnaire Form, it will start the process where one of our licensed real estate Brokers will perform a free Comparative Market Analysis, customized for you… these Brokers perform home valuations as a part of their daily practice and all possess the knowledgeable combination of art and science that a true home valuation deserves.
The report will contain at least three recently sold comparable homes that will be listed in the report for your convenience and then emailed to you. Also, if you would like, the Broker we will create a custom Neighborhood Home Sales Alert, notifying you as soon as any of your neighbor’s homes gets listed for sale and when any of your neighbor’s homes goes under contract and then sold. All real time notifications. What a great way to stay informed as to how your local market is impacting you!
What about Zillow, Trulia and other Internet Valuation Systems?
These companies use computer algorithms to generate home valuations, and are more crude than most homes buyers and sellers realize and most often add confusion to the evaluation process.
Valuations that are 20, 30 and even 50 percent higher or lower than a property’s eventual sales price are not uncommon. According to the companies themselves, some valuations have changed dramatically within a short period of time – some as much as $100,000.. In fact, at least 25% of these Guesstimates wind up being at least 20% off of the properties actual sales price.(The Fuzzy Math of Home Values; Smart Money)
The problems are not few for these home valuation websites… Public records, which are scrubbed by these site’s computers, are notoriously inaccurate when it comes to reporting a home’s square footage, new additions, the number of beds and baths, and correct acreage. Even more of a problem is that real estate valuation is very local, and even similar sized homes in the same neighborhood can have unique characteristics. No super computer is going to take into consideration whether or not the subject home (or the comparable properties used for that matter) has a swimming pool, or is next to railroad tracks, or is in great or neglected condition, or needs updating, or is a waterfront home with a grand 4 mile view or if it is one that may be tucked back in a cove with little water depth..
Call 800-315-5947 if you would rather supply the information below personally or if you have any quesitons.