Real Estate valuation
Residential property estimates from comparable sales and market data.
Methods
- Comparable sales analysis with distance-weighted adjustments
- Statistical fallback model when market data is thin
Data sources
- ATTOM comparable sales
- FRED mortgage rates and median prices
- Census ACS demographics
Valuation guide
Comparable sales carry the most weight: recent sales of similar nearby homes, adjusted for size, bedrooms, and condition. When comparable data is thin, a statistical model estimates from property traits and market indicators instead.
Two market forces move every estimate. Mortgage rates set what buyers can pay each month, and the national median price anchors the level. Both are pulled live from FRED on every valuation.
Common questions
How accurate is an automated home valuation?
Automated estimates typically land within a few percent for standard homes in active markets and wider for unique properties.
What hurts a home's estimated value most?
Overpricing relative to nearby comparable sales, poor condition, and rising mortgage rates compressing buyer budgets.
Should I get an appraisal too?
Yes for transactions. Automated valuations inform and negotiate; lenders and courts require licensed appraisals.
Live accuracy
Completed valuations: 1
Outcome tracking is live — model stats until owners record outcomes.