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Why Online Home Estimations Fall Short: The Accuracy Debate

Wednesday, September 13, 2023   /   by John Salkowski

Why Online Home Estimations Fall Short: The Accuracy Debate

You shouldn’t rely on online home valuations when pricing your home.

Are online home estimation tools accurate? Recently, I've received several emails from people inquiring about their home's estimated value, and many have mentioned that these estimates seem lower than expected. To shed some light on this topic, today I’ll address the accuracy of home valuation tools.

It's important to understand that these online home estimation tools should be viewed as rough indicators, ranging from low to high. For a precise home evaluation, it's essential to engage a professional real estate broker who can visit your property and analyze the numbers thoroughly.

In addition to factors like the number of bedrooms, bathrooms, square footage, and lot size, we consider the property's overall condition, including any renovations or lack thereof. While we do provide a free home evaluation tool on our website, remember that it serves as a rough estimate. Don't take it at face value. Feel free to reach out to me or one of my team members.

There is absolutely no cost or obligation if you're contemplating selling your property and want an accurate pricing evaluation. If you have any questions, don't hesitate to call or email us. We look forward to connecting with you.
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