Getting Your Home Value Process
Step 1 - Where Are You and Who Are You?
We need to know where your property is located and where to find you when we have your report ready. That is why we need your information.
Step 2 - Hands On
Having a variety of tools on hand like knowledge of the current market, past sales on your property and every unique feature in your home, let us get to work and create your report.
Step 3 - Get All Your Information
As soon as we have gathered your information, we’ll send a report your way. Even when you don’t think it is a good time to sell, knowing your property’s value will always give you an advantage.
How Do "Zestimate" and Other Online Estimates Work?
While having an instant estimate to your property might sound as something you would like, there is a downside to this. When an estimate is created in such an instantaneous manner, there is a possibility that it is not precise. That is actually why Zillow held a contest which asked to create a better algorithm for them in order to win $1M.
Determining Your Home's Value
All properties are different so reports should be different too. When creating an estimate of your home’s value we take into consideration hundreds of factors. The first thing to look at is your address. This will give us an idea about how much for have homes around you have sold for, the desirability of your neighborhood, specific features that might be of interest of your neighborhood and the area you are located at, and many other factors. Once we have all this information, we can dive deeper into our research which includes checking the condition of your home, being mindful of the updates you might have added that could make your home more valuable than your neighbor’s.
It’s important for us that you know that all of this is done by a person, not a computer. All our home value reports are man made, there is no algorithm that can determine the true value of your home.
