What is a Home Valuation?

A home valuation determines the current market value of your property. It’s a crucial step for any real estate transaction, helping prevent over-borrowing or financial losses. When obtaining a mortgage, your home acts as collateral. A thorough home valuation protects both you and the lender by ensuring accurate, reliable pricing.

How Accurate is the Online Valuation?

Online home valuations provide a reliable starting point, offering a general estimate of your property’s worth. However, they may not account for:

• Recent upgrades or renovations

• Unique architectural features or historical value

• Subjective market perceptions

For the most accurate assessment, schedule an in-person appraisal or a custom CMA, which takes all these factors into account.

How is My Home’s Value Calculated?

Your home’s value is based on multiple factors, including:

• Location and neighborhood trends

• Size, age, and condition of the property

• Improvements or renovations made

• Recent sale prices of comparable homes

It also considers current market conditions like inventory, interest rates, and buyer demand. Our valuation tool is dynamic and updates as market conditions change.

Curious about your home’s true value?

Get your free home valuation now or schedule a personal consultation with Nicholes Guillory to review your property in detail.