Whether you're curious about your neighborhood’s trend, monitoring your home's value, or getting ready to list, choose the level of information that best suits your needs.
The system typically analyzes available public records, property characteristics, past sale and local market data. An instant home valuation is generated by an Automated Valuation Model (AVM) which uses a computer-based algorithm to estimate property values. An automated valuation cannot personally confirm your home's condition, renovation quality, the accuracy of public information, or other characteristics that may significantly influence its market value. While convenient, automated estimates can sometimes differ considerably from what a property might actually sell for.
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This preliminary Comparative Market Analysis (CMA) uses recent comparable sales, current listings, and relevant local market conditions. Unlike an automated estimate, the analysis involves professional review and selection of comparable properties rather than relying solely on an algorithm. This is a simplified analysis, not a comprehensive property evaluation. In person property visit isn’t necessary, but because it is prepared without an in-depth evaluation of your home, the estimated range may need to be adjusted.
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