What Is My Home Worth?
Pricing your home is one of the most crucial steps in the home selling process. Thinking about selling your home but don’t know much it’s worth? We’re here to help!
The McEnearney Home Valuation Tool uses public sales data and market trends to give you an estimate of what your home may be worth today. From there, your experienced and knowledgeable McEnearney broker associate will provide you with the necessary research, comparisons and insight to help you make an informed decision.
Frequently Asked Questions
What is an Automated Valuation Model (AVM)?
An AVM is a computer-generated algorithm that uses historic, public sales data and trends to estimate a home's value.
Are AVMs Accurate?
Typically, national AVMs are not a good representation of a home's actual value and have a large margin of error. The values generated by AVMs are based on automated computer modeling from public records and may not represent the true value of the home as they cannot take into account the nuances of our local market.
How Do I get a More Accurate Estimate?
To get a better estimate of your home's worth, create a Market Snapshot on our site to see, at a glance, what homes are selling for in your neighborhood.
For the most accurate estimate, contact us to request a Comparable Market Analysis (CMA). This report is prepared personally by one of our agents and gives you a clear understanding of competing properties, market trends, and recent sales in your area.
What is a Comparative Market Analysis (CMA)?
A CMA is a free report prepared personally by one of our agents that compares your home to similar properties in your neighborhood that are currently for sale or have recently been sold. By taking into account certain aspects of a home that may affect its value and marketability, including market conditions, location, and the home's amenities and overall condition, our agents are able to better assist you in determining the value of your home.
Contact a Local Agent
To get the most accurate estimate of your home’s value, contact one of our experienced agents who live and work in the communities we serve, and have a deep understanding of the local market. On your behalf, we will complete a Comparable Market Analysis (CMA) that takes into account all the variables including market condition, location, your home’s location, special amenities and more.