If you’ve been considering selling your home, you’ve probably popped your address into a ton of online tools to find the market value of your home. My guess? You got very different answers and were either (a) supremely disappointed or (b) falsely led to believe that your home is worth more than it is. I know…it’s frustrating!
Most real estate sites and independent brokerages use online instant home valuation tools. While these can give you a ballpark estimate of what your home is worth, these tools aren’t always accurate. Why is this the case? Because online tools are automated and have limitations that leave room for error. In other words, this is one of those cases where it’s better to have an experienced, old-fashioned human dig into the details and provide you with a more in-depth picture of your home’s value.
While some home valuation sites are more accurate than others, there’s no substitute for having an in-person consultation with a licensed appraiser or real estate agent who knows their stuff—and your local market—inside out.