What's My Home Worth | Mary Galus | Rector Hayden Realtors®

Home-Worth-RH.png

The automated values from websites like Zillow.com, as well as the tool below, pull their data primarily from public record websites like the local PVA sites which value your home for property tax purposes. Values can be close to market values for some AVMs and way off for others, as well as for different properties.

Part of the value accuracy disparity is caused by individual AVM algorithms, and the data sets with which those algorithms have been trained. AVMs do not work well for farms, land lots, condos and multi-family properties like duplexes and triplexes. AVMs are also less accurate when valuing properties that are unusual, much larger than average, or have particularly distinctive features.

Enter your property address below and click the Submit button to view the report!


 

GOOD

 

BETTER

 

BEST

         

 Automated Valuation
Models (AVM)

 

 Real Estate Reviews
(RER)

 

Comparative Market Analysis (CMA)

Automated valuation tools are helpful when you are feeling out the market or wanting to get some ball park figures. Automated tools are estimates usually based upon public records Property Value Administration (PVA) and not all public records know everything about the property. In many cases, the list price of homes reflect enhancements which the public records do not take into account. Entering an address at the top of the page will generate an automated valuation in seconds.

 

Real Estate Reviews are a Realtor's method of providing a variety of Market Statistics and Analysis to better inform you of the current market conditions nationally, regionally and locally, as well as how your home is recorded at your local Property Valuation Administration (PVA). Real Estate Reviews are a great way to get a better understanding of what your home might be worth in today's Market, but are in no way a replacement for a traditional CMA. 

 

If you desire a Comparative Market Analysis or CMA, then Rector Hayden Realtors® agents have the experience, knowledge and tools to provide you with a more comprehensive estimate based upon a visit to your home where no automation estimate can go.  If you desire a CMA from a Rector Hayden Realtors® agent then click on "Request a Listing Appointment" above to start the conversation.