The automated values from websites like Zillow.com, as well as the tool below, pull their data primarily from public record websites like the local PVA sites which value your home for property tax purposes. Values can be close to market values for some AVMs and way off for others, as well as for different properties.
Part of the value accuracy disparity is caused by individual AVM algorithms, and the data sets with which those algorithms have been trained. AVMs do not work well for farms, land lots, condos and multi-family properties like duplexes and triplexes. AVMs are also less accurate when valuing properties that are unusual, much larger than average, or have particularly distinctive features. For more information about Home Value Estimates, and their accuracy, view our iAVM page!
Enter your property address below and click the Submit button to view the report!
The ultimate value you place on any Home Report is closely linked to the tools used and the personal time spent by professionals in the business helping you determine an accurate value.
Automated valuation tools are helpful when you are feeling out the market or wanting to get some ball park figures. Automated tools are estimates usually based upon public records like you might find from your local Property Value Administration "PVA" department. As you know, not all public records know everything about the homeowners property. Also, in many cases, the list price of homes reflect enhancements which the public records do not take into account. Entering an address at the top of the page will generate an automated valuation in seconds.
Interactive AVM's (interactive automated valuation models) combine public PVA records, local MLS data, and predictive economic modeling to provide what is called a "Bank Grade" automated value. Semonin has the tools to provide you with an Interactive AVM. Just click on the "Get Report Used by Lenders" link above.
If you desire a Comparative Market Analysis or CMA, then Semonin agents have the experience, knowledge and tools to provide you with a more comprehensive estimate based upon a visit to your home where no automation estimate can go. If you desire a CMA from a Semonin agent then click on "Schedule Listing Appointment" to start the conversation.