- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (21)
- sunnyview
- Contributions:25139
Getting more than one CMA and averaging them is really good idea. It is a good way to look at the available comps and recent sales for yourself.
- Nile Morin, "CapeCod Z.i.l.l.o.w"
- Contributions:991
Go to the Professionals tab on Zillow, read the reviews, choose three Realtors that appear to be reputable, and request CMA's on your home. Average the three suggested numbers and you should have a pretty good idea. If you have no intention of listing your house for sale, ask your local bank for a list of reputable appraisers.
- Caveat Emptor
- Contributions:500
take what you bought the home for
multiply it by 3% for every year you owned the home
reduce the price by 12% to 18% to 30% (for homes purchased 10+ years ago or since 2009, reduce to 2%, 8%, and 20%)
(eg 300k in 2004)
NTestimate 302,548
NT value range 258,273 to 324,686
(eg 300k in 2008)
NTestimate 268,810
NT value range 229,472 to 288,479
(eg 300k in 1988)
NTestimate 544,709
NT value range 473,660 to 580,233
the NTestimate is for diversion purposes only, it is not meant to be used as evidence in financial transactions, to obtain financing or ... fill in the blank
multiply it by 3% for every year you owned the home
reduce the price by 12% to 18% to 30% (for homes purchased 10+ years ago or since 2009, reduce to 2%, 8%, and 20%)
(eg 300k in 2004)
NTestimate 302,548
NT value range 258,273 to 324,686
(eg 300k in 2008)
NTestimate 268,810
NT value range 229,472 to 288,479
(eg 300k in 1988)
NTestimate 544,709
NT value range 473,660 to 580,233
the NTestimate is for diversion purposes only, it is not meant to be used as evidence in financial transactions, to obtain financing or ... fill in the blank
- Steven Ybarra, "StevenYbarra"
- Contributions:2
Contact a FULL TIME REALTOR. They should perform a comparative market Analysis. If your home is in place where there hasn't been any comparable sales in last six months. I always recommend an appraisal from a license Appraiser. This will cost $300+ (In Texas) But it will give you peace of mind, it's also great for marketing, and your going to need your home to appraise anyways. If you price to high it won't sale and you'll have chase the market with price drops unless your in a Seller's market. If you price to low, your leaving money on the table. Get a CMA or an Appraisal it's worth it!
- Nicholas Ribeiro, "NicholasRibeiro"
- Contributions:1807
Contact a local Realtor and ask for a CMA.
- Harold Sharpe, "So Cal Homes Realty"
- Contributions:143
How do I find out what my property is worth?
The best way is to pay for an appraisal.
Next would be to ask a Realtor or two to do a CMA for you.
after that you can check on zillow and get a machine type estimate.
Generally speaking it is very easy to get an idea.
Keep in mind you property is only worth what you are willing to sell it for along with what a buyer who has the money is willing to pay for it.
This is why lenders use appraisers.
The best way is to pay for an appraisal.
Next would be to ask a Realtor or two to do a CMA for you.
after that you can check on zillow and get a machine type estimate.
Generally speaking it is very easy to get an idea.
Keep in mind you property is only worth what you are willing to sell it for along with what a buyer who has the money is willing to pay for it.
This is why lenders use appraisers.
- Gilbert Ramos, "CAFunding"
- Contributions:101
Hello Ricky,
I would not consult a Realtor for a home valuation. The buyers mortgage lender is going to be the ulitimate deciding factor on what your home is worth. With that in mind, I would speak to a local appraiser. In situations where I have sold a property, I always have an in house appraiser give me good solid comparables for the property that is going to be listed.
I would not consult a Realtor for a home valuation. The buyers mortgage lender is going to be the ulitimate deciding factor on what your home is worth. With that in mind, I would speak to a local appraiser. In situations where I have sold a property, I always have an in house appraiser give me good solid comparables for the property that is going to be listed.
- Jane Colletti, "JaneColletti1"
- Contributions:19
I think you should talk to your local Realtor in your areaand they will do a CMA report for you. The report shows you what is for sale, pending and settled properties in you area. Good Luck!
- Peggy Banks, "Peggy Banks"
- Contributions:522
I'm not to far from you. I'd be happy to help you figure out the value of your home. Please contact me anytime [edited by Zillow moderator to remove contact information. Please refer to Good Neighbor Policy].
- Anthony Frisone, "ajfrisone"
- Contributions:355
To find out what your property value is you need to hire an appraiser. If you are looking to find out an opinion of what your home will sell for in today's market contact some local agents and request a CMA.
- S. Scott Fields, "ssfields1"
- Contributions:21
Zestimates and Tax Valuations can be very unreliable since they take too long to respond in a quick market. Have a realtor peform a CMA or find one that specializes in BPOs(Broker Priced Opinion). Also, you can just get an appraisal. The mortgage companies utilize both BPOs and Appraisals so that their true values reflect the current market.
- FirstTimeForcloser11
- Contributions:6
Just go on ZILLOW and find homes that have the same square footage in your neighborhood and built in the same year or style of home. Watch out! Because if any homes in your area, which are similar to your home and have been foreclosed through HUD you may get a shock to find out that you home is now worth 40% or 50% less than the mortgage!
- Andy Cleaves, "Andy Cleaves"
- Contributions:1351
Check out www.homesalesinmyarea.com You can get information via email in minutes. I hope it helps. Make it a great day!
- Vince Romano, "VinceRomano.com"
- Contributions:104
You should contact your local real estate agent to find out how much your property is worth.
- John Souerbry, "John Souerbry"
- Contributions:67
I agree with Ashley and Simon - there is no need to call an agent to find out what your home is worth. Although agents do value estimates to support a recommendation for a selling price or an offer price, appraisers are much more qualified to tell you what a property is worth. If you sell, the buyer's lender will use an appraiser's value to qualify the buyer for the loan, not a value set by the seller's agent.
- Michael Chandler, "pleasanton valley"
- Contributions:18
Contact your local Real Estate Professional specializing in your neighborhood. They will have the knowledge and expertise for you.
- Brenda Roberson, "Brenda Roberson"
- Contributions:3
Broker/Agent can provide you with a CMA based on the last twelve months of market sells for opinion on your property for stating the sales process. An adjuster report is more detailed and generally required for the buyers during mortgage leander for loan approval which includes age of roof, condition of paint and general upkeep on your home along with other items. So you can start the sell process of your home with an agent and wait for the adjusters report once later in the process.
- Ashley Rubio, "AZRealtorAshleyRubio"
- Contributions:41
Like everyone else, I would say that if you are just looking for someone's opinion of what your home is worth in order to get a feel for the ball park range then contact an agent. If you are looking for actual property value then contact an appraiser.
- Tamara Schuster, "BrokerTamara"
- Contributions:122
Call a local Broker/Agent. They will assist you at no charge unlike a appraiser and give you current comps of what has recently sold and what is currently on the market and how yours compares to these properties. They will take the time to share what you can do to get the maximum dollars out of your home when you go to sell and they will keep you up to date as to where the market is going as it changes weekly.
- Simon Mills, "Mills Realty"
- Contributions:1858
To find out what your property value is you need to hire an appraiser. If you are looking to find out an opinion of what your home will sell for in today's market contact some local agents and request a CMA.
- Joe Homs, "The Homs Team"
- Contributions:225
Ricky Oak,
You can contact any Real Estate Agent to assist you with your property value or you can go here:[link removed by moderator]
Thanks
You can contact any Real Estate Agent to assist you with your property value or you can go here:[link removed by moderator]
Thanks
How do I find out what my property is worth?
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.