Home Value FAQs

What Does Home Value Mean?

Home value, or current market value, is the amount of money your house would likely sell for if it went on the market today.

Why Is It Important To Know My Home’s Value?

Knowing what your home is worth can help you decide when to sell and what your asking price should be. It can also help you determine if you should make some repairs or updates first. Since your home is such a major financial asset, it’s important to make informed decisions when you’re getting ready to sell.

How Does The Property Report Calculate My Home’s Value?

Your home value estimate is based on sales price data gathered from public records. It is not based on a licensed appraisal of your home. Estimated value can vary depending on location, current market conditions, data availability in a given area, and other factors. Please see Terms of Use for complete disclosures.

How Accurate Is The Home Value Estimate In My Property Report?

While the Property Report is a great way to get an idea of what your home might be worth, it is meant as a starting point and does not replace an actual comparable market analysis from your real estate agent or a home appraisal. Obtaining a professional appraisal or requesting a Comparative Market Analysis from a real estate agent is recommended. For further information on your home’s current market value, connect with a real estate agent.