Online services can give you a ball park estimate but they have a wide range. Most realtors will gladly prepare a comparable sales report to give you a closer idea. Whether you are ready to sell now or just keeping tabs on the market for later, it pays to get to know a local expert. Plus they can often get you in the loop on local trends and info.
Of course you know the absolute answer is that a home is worth what a buyer and seller willing agree to.
I'm Andrew, a community manager for Trulia and so can speak on Trulia's behalf.
Is your home up for sale or is it off the market? Currently Trulia is only offering estimates on off-market homes.
If your home is off-market, can you tell me what your address is?
Feel free to reply to my answer by adding a comment (see "Comment" in blue below) or you can email me directly at email@example.com.
Atlantic Properties of Ft. Lauderdale
Yes, some times Appraisers get it wrong.
Realtors, you might hear never error!!!!
There are many sites that give an estimate of value, but none of these sites is accurate as they cannot see the inside of your home. Some homes are highly renovated and others need a lot of work done to them - these two types of homes could not be compared at the same price. There are many other comparables that go into obtaining a price.
I would be happy to come to your home and give you a no obligation free estimate of value for your home. I have the knowledge of your area and the prices that have sold.
I look forward to hearing from you.
Lynne Hale (and Kylie Jacobs) - mother/daughter Team
Century 21 Hansen Realty Inc
And unlike others might say here, there are several things you might do. I do over 1,000 BPO's for banks each year, so I do know a little.
First go to:
This is the Broward county property appraisers office. By Law: they are required to give a fair market price for your home. Normally they are pretty good at this. This will give you a point of reference, for what is coming.
Second, drive around your area and write down the names of the listing agents on the Yard signs. When you get two agents that come up twice, call them and have them do a BPO of your home. They may, MAY do this for free. I charge $100. just because I don't like listing homes
Now you have the county's Idea, and two agents IDEA.
Now go to yellow pages or INTERNET and have a Florida approved Appraiser come by your home and do an appraisal, this will cost $300 to $500.
Now you have 4 good ideas. Call back the Realtors and show them the Appraisal you had done and find out how they agree or disagree, show them to county as well (if they are good they have included the county in their BPO ( of CMA as some call it - Comparative Market Annalist)
Pick a Realtor from the two and you are on your way out of town.
The only way to obtain a true estimate would be for a Realtor familiar with your area, to come to your home with recent comparable sales and then compare those to your home.
A computer generated estimate will never be accurate. You must use homes within a close radius, that compare in size and similar features. Then make adjustments for major differences, such as a waterfront location, pool and substantial upgrades. You must also take into consideration whether or not the comparable homes that have sold were short sales or foreclosures, and what condition those homes were in.
As great as the technology is, it is not a substitute for a human....especially a knowledgable Realtor who specializes in a particular area.
If you would like to contact me, I would be glad to help you. I am extremely familiar with your area and zip code. Feel free to contact me with any questions!
Stefanie Cohen, PA, ABR, SFR
Prudential Florida Realty
Jim Mathieu Broker
Just like Zillow proerty evaluation, these programs are far from beeing on target (Zillow admits they are as much as 40% (up and/or down) off target in Florida:(
Beside a professional appraisal, your BEST bet is to work with a KNOWLEDGABLE Realtor,
We are successfully selling greater Broward County since 1986!
Meir Aloni & Team
**CRS (Certified Residential Specialist) **CDPE (Certified Distressed Property Expert)
**RECS (Real Estate Cyber Society)