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McDermott Realty

Home Value Estimate​

Enter an address below and view the Automated Valuation Model (AVM) estimates for your home. The AVM is a starting point in estimating the value of your home and can vary greatly across national AVMs. 

Automated Value Estimate of Home

Your probably wondering why the automated estimates vary so drastically? Well the truth is, there are intangibles items like market conditions, neighborhood, and home condition that make it nearly impossible for automated home valuations to be accurate.

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Discover the True Value of your Home

 
To obtain the most accurate estimate of your home’s value, you’ll need a Comparable Market Analysis (CMA) from McDermott Realty.
 
Fill out the form below and an expert will reach out to you to generate a valuation for your home.

What is an Automated Valuation Model (AVM)?
An AVM is a computer-generated algorithm that uses public data, historic sales data, and trends to estimate a home’s value.

Are AVMs accurate?
Typically, national AVMs are not a good representation of a home’s actual value and have a large margin of error. They do not factor in property’s condition, rely on inaccurate or incomplete public records,  do not account for inventory levels or other intangible factors  according to Realtor Property Resource and Attom Data.

How do I get a more accurate estimate?
For the most accurate estimate, contact us to request a Comparable Market Analysis (CMA).  Our report prepared by an Expert will give you a clear understanding of competing properties, market trends, and recent sales in your area.

What is a Comparative Market Analysis (CMA)?
A CMA is a free report prepared by a licensed real estate professional that is used to evaluate and compare active and sold properties in your neighborhood. We also account for items that may affect your value such as marketability, market conditions, location, and the home’s amenities and overall condition.

Sources:

1 – Learn more details for Zestimates on Zillow. © Zillow, Inc., 2006-2019. Use is subject to Terms of Use. What’s a Zestimate?

2– © 2019 Realtors Property Resource.