Thinking of Making a Move?
We have answers to your most pressing questions. How much is my home worth? Here's what happens next...
Enter Your Address & Info
Tell us about your home and its unique features.
We Get To Work
Our experts analyze local market data and recent sales.
Your Report Is Ready!
Receive a comprehensive valuation report in your inbox.
How is your estimate different from a Zestimate?
We're humans so our home value reports are all researched thoroughly and made possible by years of experience and local expertise.
Online estimates from Zillow, OpenDoor, Redfin, or any online home evaluator using an algorithm is not a valid replacement for a comparative market analysis from a real estate agent.
The Inaccuracy Gap
Unfortunately, estimates from these sites are often inaccurate, and the value of inaccuracy is pretty compelling. According to Zillow.com, their Zestimates are based on an algorithm that is pretty complicated to understand, even for us real estate agents.
We understand the importance of comparing homes in the same area, but we also know how many other factors can increase/decrease that number that are not included in the “algorithm.”
How does Zillow calculate my home's value?
That's the million dollar question (literally). Zillow actually had a contest awarding $1M to whoever can improve their algorithm.
The Algorithm Quote
“We use proprietary automated valuation models that apply advanced algorithms to analyze our data to identify relationships within a specific geographic area, between this home-related data and actual sales prices.”
- Zillow.com
Confusing, right? We get it. Getting an “instant” home value is appealing. Not having to talk to someone is appealing, but there's a cost to that approach.
Instant doesn't mean accurate. When something is as important as the value of your home, accuracy matters more.
So, how do we determine your home's value?
There are hundreds of factors that we take into consideration when estimating your home's value, and no two reports are the same.
We first take a look at your address. This allows us to see how much neighboring homes have sold for, the desirability of the neighborhood, unique features, and geographical factors.
After we have a good idea of what that looks like, we then go more in-depth with our research, including checking the condition of your home and any updates you've made.
“All of this is done by a human being. None of our home value reports run on an algorithm, and this information isn't available to us or you at the push of a button.”
Shouldn't we overprice my home at the beginning?
If you're like most people, you think that the longer your home stays on the market, the more offers will come in. It's basically like an auction, right? Wrong.
The “Stale” Effect
Your home isn't a rare piece of art. Amongst a sea of other homes for sale, yours will quickly become stale and buyers will wonder why it hasn't sold yet.
The Data Speaks
Homes on the market for 2 months sold at 5% below asking. Homes on for 11 months sold at 12% below list price.
The Winning Strategy
Homes that sell at or above listing price sell right away. A realistic pricing strategy from the start is how your home sells for the most money.
Ready for an accurate valuation?
Don't leave your home's value to an algorithm. Get a human-researched report from local experts today.