The value of your home is another frequently asked question that is difficult to answer with a general answer. Owning a home offers many benefits, including the freedom to customize it and make improvements as you wish. Some upgrades will increase the value, while others may decrease the value.
Many other factors warrant considering when coming up with a particular home’s market value. These include age, condition, functional obsolescence, location, and property size, among others. An experienced real estate broker will need to spend some time evaluating your house against nearby, similar homes and create a CMA or Comparative Market Analysis.
For more on pricing your home, watch our Pricing video found on the Seller School page of this site.
Overall, we've found Homebot to be more accurate than the others. They use a different type of algorithm which seems to bring in closer values. Again, not all the time. Also, Homebot will allow you to adjust the value based on things the algorithm may not know. It does a bunch of other things also. Because it's so good, our office subscribes to it. Click the logo to check it out.