What is My Home Worth Today ? Best Online Estimates !
In recent years, a proliferation of online resources has emerged to provide you with an answer before you ever consult a realtor. But while consumers have access to more information than they could have dreamed of a decade ago, that doesn't mean you can expect a computer to deliver the final word on your home's value – though it can give you some helpful hints.
Here are several online tools you can use to help you estimate the value of your home :
Zillow: This is the pioneer of the home value estimating tool, and the company continues to refine how it arrives at its Zestimates.
RedFin : This new tool shows you photos and listing information for the exact comps used to arrive at the value of your home.
For Sale By Owner : This site's Pricing Scout tool gives you the average of a regression analysis and a comparative market analysis to estimate the worth of your home. It also shows recent sales of comparable properties on a map. You have to register to use it.
Chase : This tool allows you to change the information about the house to arrive at a more precise estimate, plus provides information on recently sold homes and neighborhood trends. You can also use it to estimate the value of improvements you're considering.
Bank Of America : This tool shows comparable neighboring sales on a map. It provides only a range of values, not a single number.
Cloud CMA : This site is used by real estate agents and brokers and tools show the latest price sold within the last 90 days.
Joe Goh is a Licensed Texas Realtor with DFWTEXASPROPERTY covering Dallas-Fortworth. For more information, go to www.dfwtexasproperty.com
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