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Answers (7)
- William Metzker, "MrLiam"
- Contributions:210
You cann get a "Zestimate," or perhaps try Cyberhomes' website. Otherwise, you will need a real estate broker or an appraiser. Mortgage brokers do not have access to the data.
If you're thinking about listing your home, most real estate brokers will provide one for *free,* in the hope that you will list with them. A few will do it for an hourly rate and you're free to list with them or not. Depending on the available comps, they take anywhere from 1 to 3 hours for a good one.
If you're thinking about listing your home, most real estate brokers will provide one for *free,* in the hope that you will list with them. A few will do it for an hourly rate and you're free to list with them or not. Depending on the available comps, they take anywhere from 1 to 3 hours for a good one.
- Dave Sutton, "Dave Sutton"
- Contributions:45
I'm not sure anyone explained what a "Comparative Market Analysis" is.
It's a comparison of primarily the prices at which homes similar to yours, in your neighborhood, have recently sold for. It makes adjustments to account for the differences between your home and the sold examples (for # of bedrooms, baths, lot size, etc.).
That is what a good buyer's agent will give his client to use in deciding what to offer for your home.
It's a comparison of primarily the prices at which homes similar to yours, in your neighborhood, have recently sold for. It makes adjustments to account for the differences between your home and the sold examples (for # of bedrooms, baths, lot size, etc.).
That is what a good buyer's agent will give his client to use in deciding what to offer for your home.
- sunnyview
- Contributions:25139
Zillow does not do appraisals, but to get a Zestimate,, you can go here enter your address in the Find Homes box and hit the blue GO button. If Zillow has one for the house, a map will come up for the area. Click on the address box to get to the home page.
A Zestimate is not an appraisal though. If you need more specific value information an agent in your area can help with MLS info and a CMA with more detailed information. There is more information about Zestimates here. Hope it helps.
- Janeese Jackson, "Janeese Jackson"
- Contributions:255
I guess my question is "what are you trying to accomplish"? If you are thinking of selling, you would need the services of a Realtor to run the comparable data and give you an analysis of what the property might sell for in today's market. If you are considering a refinance, you might need the information of a trusted real estate broker and the services of a mortgage broker. If you are just tracking the values of your home or your neighborhood, you can use a site like zillow (although, they simply run the stats and don't have any particulars about your home or location in your 'hood) or RedFin or feel free to try my site at [link removed by moderator] if you are in the greater Portland Metro area.
- John, Melody, Angela Hatch Team, "HatchHomesGroup"
- Contributions:803
Hi Holly,
I agree. The best person to give you up to date market information is a good local Realtor who has detailed information about what is and isn't selling for properties comparable to yours. It makes sense to get advice from a good information source doesn't it? Let me know if I can help?
I agree. The best person to give you up to date market information is a good local Realtor who has detailed information about what is and isn't selling for properties comparable to yours. It makes sense to get advice from a good information source doesn't it? Let me know if I can help?
- Melina Tomson, "Melina Tomson"
- Contributions:290
Holly,
A comparable market analysis is what real estate agents do to help determine the list and potential sales price for your property. Zillow has Zestimates, appraisers do appraisals and real estate agents do comparative market analysis. Your mortgage broker should be doing none of the above.
A comparable market analysis is what real estate agents do to help determine the list and potential sales price for your property. Zillow has Zestimates, appraisers do appraisals and real estate agents do comparative market analysis. Your mortgage broker should be doing none of the above.
- Thesa Chambers, "Thesa Chambers"
- Contributions:65
Holly - you should call a local agent to get a true Comparative Market Analysis. A local agent will understand your neighborhood and your home qualities better than anyone else. If you need assistance in finding a local agent let me know I can help you find the right person.
What is the comparable market analysis of my home?
Thank you,
Holly
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