Online home valuation: Your online property valuation might not be right
If you are home buyer or home seller, high chances you been browsing homes or property online like Zillow, Trulia, Realtor.com or even my site at www.SweePhoenixAZHomes.com. If you are thinking or planning on selling your home, you may already researched what your home is worth from Zillow’s zestimate or www.PhoenixAZHouseValue.com.
The feedback that I always receive are: “How accurate home value is from these home valuation site?”
OK… Let’s think about it for a second. When you in these home valuation site, normally you just enter your home address, home condition base on your personal opinion. (By the way, does anyone else say my home condition is bad?). Once you enter your home address, the website provide an estimated value based on what?
The site is pulling local sold data on homes that might not be in the same community as yours which can significantly change the value.
The data does not include your upgrades, or the updates you’ve made.
Allow me to come see your home so we can properly evaluate your home price
- Size of the home
- Condition
- Updates and Upgrades
- Features
- Neighborhood
- Lifestyle
- And any other factors that could affect the value.
The truth is that your home will only sell for what the market calls for regardless. Online property valuation system doesn’t set the price, and neither does your agent. The true value of your home is what someone will pay for it.
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