Getting an Estimate
Home evaluations are estimates — starting points of property value based on an analysis of market trends, recent sales and the economic factors that drive the housing market, locally and nationally. Our valuations are based on a complex and proprietary process and a variety of data from different sources.
Some important considerations in a home value estimate include:
- Current and recent sales activity
- Inventory supply and demand trends
- The direction of home prices and value over time
- Macro-economic factors such as mortgage rates and housing affordability
- Impact of local factors such as the employment outlook
- New construction activity
- Rental vacancy trends