First, understand there are TWO ways to value a home.
Option 1) The fast and simple way to get an idea of your value is an automatic computer model, called an “AVM”.
While these certainly do give you a ballpark of your property value, in some instances they can be off up to 20% from the actual value (in EITHER direction). If your home is very average for the neighborhood, it’s usually within 5% of the actual value.
I employ software that is like an “AVM”, on steroids. Not only can it provide you with the industries most accurate automated value of your home, it can calculate a lot of other things like:
-How much your house would rent for (Monthly or AirBNB)
-How much equity you have
-Refinance/early payoff options
-Updated home value sent monthly via email
-Other financial strategies for your largest asset
Option 2) In order to find the true and 100% accurate value of your Phoenix area home you should have a Comparative Market Analysis performed by a Real Estate professional.
A Comparative Market Analysis (CMA) identifies the price your property should yield on the market by analyzing past sales (comps) and trends in your neighborhood, and comparing them to your homes specs, features, upgrades, condition and location
If you want a foolproof way of knowing what your home is worth, this is the option for you.
Submit for a CMA now to:
– Receive a custom report with your home value emailed to you in 24 hours
– Receive a detailed Neighborhood Real Estate report