What is your home worth? The answer depends on the reason you’re asking the question.
Looking to sell your home? Click here to use our home evaluation tool.
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You’ve probably seen the ads out there that tell you to just enter your address to get an automated estimate of your home’s value. Websites like Zillow have features like this too. You’ve got a few different options out there to get a valuation for your home, but do they truly tell you what it’s worth?
Before you figure out where you’re going to get your valuation from, you have to ask yourself why you are getting it. If it’s purely for informational purposes, any automated system will satisfy that curiosity. They are typically within 5% to 15% of your home’s value. A rough estimate, if you will.
However, if you want something more that you can use to determine a potential sale or refinance, you want to get in touch with a professional Realtor. A third-party site won't be able to give you accurate data. A Realtor can go through the numbers and tell you what to expect from the market.
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If you just want a rough estimate,
any online tool will do.
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