Ok. You want to sell your home, but you are not sure how to price it in the market. As you browse through the real estate sites out there, you find the some national site offering "estimates" of your homes worth. You enter your address, expecting an accurate answer. What you see is something that you KNOW is not right. It is either too low or too high, but either way, you KNOW it is not credible.
Here is why:
- Virtually all of these automated valuation models simply rely on sold data from homes in your area. If your home is near others with a higher or lower value, then they often get the value wrong or skewed
- None of these websites can look at your home from the inside. And they cannot look at any of the OTHER homes that they are using to compare to your home from the inside. So to use a car analogy, they have no idea whether you have the leather seats and sporty engine or whether you have the plain interior.
- Virtually none of these websites can address or factor in "curb appeal", exterior features of the home (patio, pool, and so forth), home owners associations, landscaping, etc into the valuation.
And with all of those things NOT being accounted for it is pretty easy to see why the values that these automated tools come up with are pretty useless.
We want to provide you with useful information. We are happy to let you know what your home is worth in today's market. No cost. No obligation. No pressure. No hassle. Just an honest and straightforward set of answers to your most pressing questions about what to expect, both in time to sell and in dollars. And we can take into account the factors above and more into the pricing of your home on the market.