In today’s dynamic market, understanding your home’s worth is crucial for informed decision-making. It’s definitely difficult to estimate the value of your home, especially if you are trying to do it on your own online. With InvestaHaus, we help you understand the value of your home with full transparency, and with this article or blog will show you a guide on how to use a home value estimator to get an accurate estimate of your home’s worth.
However, let’s be clear the knowledge and tools used by a professional not only estimate your home’s value but also unlock its hidden potential.
Our article delves into the two primary methods of home valuation: online estimators and professional appraisals. While online tools provide a quick and convenient starting point, they may lack the precision required for critical choices. Besides, if you want to sell any other type of real estate property that is not a house, such as vacant land, mobile homes, or any commercial property you want to sell, you will definitely need professional help in these cases.
Maybe you’re planning to sell your property or simply you are curious about the value of a property, it’s important to start with a comparison. We at InvestaHaus meticulously analyze your property, considering comparable market data, recent trends, property conditions, and any unique features that contribute to your home’s value. This meticulous approach ensures you receive an accurate assessment, empowering you to confidently navigate the market.
Starting with the best way to get an accurate valuation of your property is to consult a professional appraiser. An appraiser is a licensed professional who determines the value of an asset, such as real estate, personal property, or a business. This method costs money, and it could be between $500 to $1,000.
Automated home valuations online are popular tools that can give a homeowner an idea of how much the property is worth. These online tools are not very precise as they use an algorithm automated to the average of all the sales in the area not matter the condition and location of the property such as; waterfront, corner lot, etc. Remember that most of these tools are online just to capture your contact information and be sold to third parties such as; Realtors, Mortgage Broker, etc.
The popular online automated valuations are Redfin, Zillow, and Realtor.com. The advantage is that these tools give you an idea as we said, it is faster that hire someone and most importantly, they are Free!
Let’s start the process with 2 simple steps you need to find out how much is your home worth doing it by yourself.
Step1. You will open in your browser the 3 different online tools, and you will put your address on the search bar.
Step 2. You will notice each one will give you a different number, so, you will sum up the three different numbers and divide it by 3. The result will give you the average valuation of the property.
Partner with InvestaHaus, unlock the true value of your home, and get multiple offers on the spot. Let us guide you through the valuation process and equip you with the knowledge to make strategic decisions that maximize your investment.