Yes, there is a way, you just have to spend a lot of time learning about the houses that are on the market in locations near where you are interested in, that are sold and under contract in the previous months; be familiar with their features, characteristics, material used, architecture style, upgrades, lot size, square footage, landscaping, floor plan, etc, etc;then you have to learn about the market trend, year before, current and prediction, and so on, then you have to find out what the buyers like at current time and how and if that has changed over time, and so on,
After you gather all that information, you put the house you are interested in next to those houses, than you can figure out what the price might be for the house. You should be able to explain your theory and able to convince whoever who is listening. Then you might be close.
i would not use Zillow - just got a call from my client wanted to know why the house they are interested in was just bought for $100,000 according to Zillow (market value $600,000). Well that's a bank owned property, the bank paid off the 2nd loan ($100,000), assumed the first loan of $500,000 and guess what zillow showed. Don't think my client would get that for $100,000
Most of the websites use poor sales data anyway and are not even within the ballpark of being correct.
If you are in Texas and are willing to be thousands off, and don't want anyone coming out to your house, I would simply look at the Tax district data- it is closer than all these other websites because at least it often uses good comparables. But again they never walk thru your home so they are often way off.
A Realtor will often come out to your house and give you their valuable opinion without charge and without obligation. If you want good data, that is what I would suggest.
A computer generated CMA will not provide you with expert interpretation and/ or knowledge of the market trends within your area. Plus a computer generated CMA typically does not include seller concessions etc... this is information that an agent is privy to.
Texas is a non-disclosure state and zillow gets their data from the public records and the only thing published is the deed of trust which shows the amount borrowed NOT the amount paid for the property.
So the answer is you can get a CMA by asking a realtor, most of us do this as a service at no charge as a gesture of giving back or you can hire an appraiser and pay $350 and get a professional appraisal.
1) To get the CMA
2) To understand what is happening in Real estate pertaining to the subject property within a specific timeframe.
3) To reduce your risk of not selling, or not selling in a timely manner by being able to best present your property to the potential buyers at a price you and the potential buyer can live with
I suggest you call local real estate agent Crystall Jackson (214) 532-8334. I am sure she will help you with your issue and if you are not happy with her performance, I will personally send you a $50 gift certificate to Lowes or Home Depot. Your choice.
Please let me know how it works out either way.
I wish you the best of luck!
I hope that helps to change your mind. Get a qualified professional to do it, a Realtor.