Portland Home Value

portland realtor home value estimate

Portland Home Value Estimate, Realtor Vs. Online 2022

July 29, 2022

The real estate market is shifting fast in Portland, Oregon and around the country. We’ve got your latest month by month report on the Portland market here. If you’re looking for tips on remodeling to improve your home value before going to market, we’ve got that too. You Can’t Trust Online Home Value Estimates When the real estate market is shifting fast, online estimates designed by algorithms get worse and they weren’t good to begin with. In fact, Zillow’s Zestimate is so bad, it nearly bankrupted the company in 2021 when they briefly turned into an online cash home buyer before loosing half a billion dollars in the process. But again, when the real estate market is actively shifting, the...


12 Remodeling Trends to Sell a Home for More

July 15, 2022

After sequestering for much of the past two years, people are looking for ways to refresh and enliven their spaces at home. Trends come and go, and humans like change. So it’s always good to know what’s in and what’s out, for both our own personal tastes and preferences, and when it comes time to sell a home. We checked in to see what Portland, Oregon’s top interior designers are saying to bring you the biggest and most interesting home decor trends and influences for 2022. These can be especially helpful if you’re preparing for a future home sale. 1. Next to Nature After the stressors of the past two years, homeowners are creating “more tranquil spaces at home,” says...


Best Colors to Paint Your Home to Increase Home Value 2022

June 1, 2022

First impressions matter. When you’re selling your home, you want to make the best one possible when potential buyers roll up to the curb for a walk through. Whether you anticipate selling your home in the near future or a few years from now, it never hurts to think about how to increase its value. Making the decision to sell your home is a big one, one that’s usually followed by other decisions, like what updates are needed, which ones take priority, and which ones fit within your budget. One change you can make to increase your home’s value is to paint the exterior. Not only will it give the structure a fresh, clean appearance, it will also entice those...


Portland Landscaping Tips to Increase Short-Term or Long-Term Home Value

May 23, 2022

Are you gearing up to put your home on the market this summer? If so, there’s a lot to think about: finding a qualified real estate agent, prioritizing repairs and updates, and so much more! The ultimate goal, of course, is to make your home as appealing as possible to every potential buyer who crosses the threshold for an in-person viewing. One excellent way to improve the aesthetic appeal and increase the value of your home is to refresh or revamp landscaping. Below, we offer tips and suggestions for improving the value of your home for both short- and long-term approaches. Short-Term Curb Appeal Boost to Sell your Home Here are a few quick, simple steps you can take to...


overestimate home value

Homeowners Overestimate Home Value as much as 150%

May 17, 2022

If you’re thinking of selling your home, you’re probably wondering how much it has appreciated since you bought it. According to a survey conducted by Rocket Homes, which polled 2,058 homeowners, if you were to guess, the accuracy of that guess probably depends on how long you’ve owned your home. (Learn more about the survey’s methodology.) When someone buys a home—probably the biggest investment of their lives—they naturally expect that the home will build equity and grow in value. It’s a reasonable expectation to have, after all, but the rate at which that value builds depends on a number of factors: location, neighborhood comps, the home’s age and condition, updates and upgrades, and the state of the current market, to...


Is the Zillow Zestimate Accurate? 2022 Update

May 9, 2022

If your look up your home’s value on Zillow’s valuation tool, Zestimate®, you may feel strongly impacted by the price that comes up. It may not be accurate, though. Zillow even says so on their site. So, why is that? And what good is it if you can’t count on it to give you an accurate estimate on your home’s worth? They post this disclaimer: “A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and can’t be used in place of an appraisal.” (They even provide a table of error rates for cities across the U.S. within 5%, 10%, and even 20%...


Top 5 Front Door Colors to Sell your Home 2022

September 20, 2021

First impressions matter, so if you want to hook potential buyers with the ultimate curb appeal, consider refreshing your home’s front door color. It’s a small investment that can reap quicker sales and put thousands more in your pocket at closing, according to a recent study by Zillow. Our top 5 front door choices for 2022 combines the Zillow study, recent colors of the year awards, and research into popular exterior colors. Keeping in mind factors like trends, style of home, and geographical location will go a long way in helping you choose the perfect color. Which of our following top five front door color picks will make people want to step inside your home and take a look around?...


10 Landscaping Tips to Increase Home Value in 2021

May 17, 2021

Landscaping: it’s an art form, one that can be hard to wrap your head around. That’s because, like all art forms, landscaping adds value to which it’s hard to assign a strict dollar amount. We’re talking about atmosphere, comfort, and that ineffable something that makes a space feel welcoming. But, also like all art forms, we can discuss its value because history shows that people will pay for that ineffable something! In 2020, the National Association of Realtors reported that homes with high curb appeal sold on average for 7% more than comparable homes with low curb appeal. Effective landscaping frames the home and gives the impression of a well-kept property. So just like choosing the right paint color or...


Top 3 Exterior Paint Colors to Increase Home Value in 2021

May 14, 2021

A fresh coat of paint can work wonders – especially when you’re selling your home. We hear the word curb appeal casually thrown around quite a bit, but the term is rooted in reality. Prospective buyers are more likely to tour a home that looks more inviting from the outside. And the buck doesn’t stop there. Last year a joint study from the University of Alabama and the University of Texas at Arlington found that homes with curb appeal sell at an average of 7% higher than comparable (but less visually appealing) homes. If it’s been more than five years since your last paint job, we recommend you get a fresh coat before listing. But to speak of paint begs...


top home value estimates

Top 4 Free Home Value Estimates to Check, Before Selling a Home

April 21, 2021

4. Redfin.com’s Home Value Estimate Redfin.com Statistical Home Value Rating: D On Redfin.com’s home value estimate explanation page they claim to be the most accurate on-market (listed for sale) estimator. This as we’ve already explained in previous articles, is no great trick. Basically the online portal can simply adjust their estimate so it closely aligns with the advertised for sale price tag. Simple, and not helpful. Most homes are still sold by a Realtor in the U.S., a licensed professional who advised the homeowner on setting the list price. Redfin or any other online website taking credit for that is nonsensical. Notice Redfin.com says their off-market home value estimate has an off-market median error rate of 6.94%. Wow. That’s like...