Home Value Estimates – Online vs. Realtor
Online Home Value Estimates are Fast and Hassle Free
There is no reason not check your home value online on occasion. In most cases the online value will be in the general range of its real estate market value. However, when you’re getting ready to sell, say anytime in the 12 months prior, you should have a professional, a top real estate agent come out and see your home and give a true value. Online estimates, even in 2020, are not at all close to the actual homes value! See our report on Zillow Zestimates in 2020, and how off they are (and how Zillow cheats to make them look better then they are). While there are more sources for online home values than ever before, they all perform within the same general ranges. But again, there is no harm in checking your home value online for fun. Here are some easy sites that have values for you:
All of the above will give you different online home value numbers for your property and are fine to check, but they are one-trick ponies.
A Better Home Value Tracker Online
I refer my clients to use Homebot. Homebot provides an online value for your home, but they don’t stop there. The site also provides a rent value estimate for your home, even down to your rooms for Airbnb. It estimates your current equity rate, your purchasing power with a HELOC, potential savings with increased mortgage payments, and what a refi today could do for your monthly payments. It is a fantastic financial tracker for your home and will send you monthly reports if you want them. Sign up below for free.
Local Realtor Home Value Estimates are your Best Choice – When you Need Them
Perhaps someday in the future the public will be able to rely on online home value estimates, but that day is not yet close. As of now, your best bet to determining your home’s value is to have a local top agent come out and take a tour. We’d love to do that for you. Call us anytime at 503-714-1111. We have closed over 1,000 local sales and know every type of home and neighborhood in the Portland metro and beyond. Our home value consultations are always free and without obligation.
Have a home in Oregon or Washington?
We’d love to speak with you and have experienced team members through the two northwestern states. We charge a max. of 4.5% commission, provide a cancel anytime policy for no charge, and we pay extra on Zillow, Realtor.com and other top websites to feature your home. Additionally whether we are selling in Oregon or Washington, we put your home on multiple MLS systems to obtain the best possible real estate agent networking to get your home sold for a great price.July 20, 2020