WHAT'S YOUR PROPERTY WORTH?

Home valuations give you valuable knowledge that can help you plan for the future and make smart decisions. It’s good practice to stay informed about how much equity you have in your home and how much you may be able to borrow against it or sell it for. 

 

Our tool provides a more robust, accurate assessment than you’ll get from the major real estate portals. For the most precise valuation, reach out to discuss a customized Comparative Market Analysis or an appraisal.

WHAT IS A HOME VALUATION?

A home valuation determines the current market value of a residential property. It is crucial for real estate transactions, preventing excessive borrowing and financial losses for both buyers and lenders.

HOW IS THE VALUATION CALCULATED?

The value of your home is calculated using a combination of factors including its location, age, size, condition, and recent sale prices of comparable homes in your specific neighborhood.

HOW ACCURATE IS THE ONLINE TOOL?

Online home valuations provide a good starting point. However, they may not factor in recent renovations, unique features, or architectural significance that impact your home's actual market value.

HOW IS A VALUATION PERFORMED?

Two Accurate Ways to Perform Home Valuations

MARKET ANALYSIS

COMPARATIVE MARKET ANALYSIS

A Comparative Market Analysis (CMA) is a tool used by real estate agents to value a home. It evaluates similar homes that have recently sold in the same area to pinpoint differences between it and the home being valued.

BASED ON A PROFESSIONAL'S OPINION

An appraisal is an unbiased valuation of a home based on a professional's opinion. They are usually what mortgage companies use for home purchases and refinances to ensure the property value covers the loan amount.


APPRAISALS