There are so many sites that promise accurate home value estimates automatically. But are they actually, correct? And can you trust them?

The truth is that many of these websites and home value estimators have been known to be way off when is comes to what your home is worth – sometimes as much as $100,000 or more depending on your area, and that’s a huge gap! 

Here’s why automatic estimates can fail:

• They use your whole city’s data (and sometimes the county’s), not just your neighborhood.
• They don’t perform a custom comparative market analysis – that can only be done by a real estate agent.
• They don’t take any renovations into consideration.
• They also don’t take any upgraded furnishings into consideration. 
• They are calculated solely off tax records, which are often inaccurate.
• They weigh their results heavily on the listed prices of neighboring homes, not the sold prices – which skews data. 

So, although you can start with an automated estimate, those estimates are best paired with a custom market evaluation done by a real estate agent. This is because an agent can factor in things like research, renovations, upgrades, schools, taxes, market conditions, and current home buyer demand in your particular area when they calculate your home’s value.  

…And that alone can be a major difference in the listing price that is going to bring you top dollar and a quick sale.    

I am always happy to offer a free home evaluation and research your homes current fair market value, no pressure, no sales tactics, just helpful advice and the personalized  guidance you need.