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Sajan P. from Grafton, Wisconsin
just sold a home using HomeLight
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FIND OUT WHAT YOUR HOME 
IS REALLY WORTH

Get estimate
Please enter an address to get started


GET A REAL-WORLD HOME VALUE ESTIMATE IN LESS THAN 2 MINUTES.

Introducing Simple SaleTM by HomeLight - Learn more »


ANSWER 7 SIMPLE QUESTIONS

Most home value algorithms don’t know the little things that make your home
different. That’s where you come in. Pair your answers to a few questions with
housing market data from multiple trusted sources and we can predict your home’s
current value with far greater accuracy.

Get started




DETAILED ANALYSIS AND CLEAR NEXT STEPS

Get all the important parts of a comparative market analysis, throw in a list of
the top local real estate agents who are proven to sell homes like yours for
more money, and back it all up with your home’s Simple Sale™ price -- typically
90-95% of your home’s full market value -- if you’d rather skip the listing
process entirely.

Kick off your home sale armed with the right information.

Get estimate


HOW HOME VALUE ESTIMATES ARE CALCULATED

Online home valuation tools look at millions of transactions to predict what a
home is worth but they're often missing crucial data, making them inaccurate. By
asking a few specific questions about your home, we can add a new layer of
information to our estimates and get closer to an accurate value for your home.
But even that can only get you so far.

That’s where our Simple Sale™ price comes in. When you request a home value
estimate, we ask our network of buyers to make you a real offer on the home.
They compete for your business and you’re presented with the highest bid.
Usually, this offer is around 90 - 95% of your home's market value.

If you want to get even closer to your home's true value, we’ll connect you with
a top real estate agent near you. Local real estate agents can physically view
the property, they list homes like yours every day, they know the neighborhoods,
they know what's trending, and they can call out unique characteristics on the
property. No online tool can do all of that.

 * Online Tools
   Top Agents
 * Publicly Available Data
   
   Compile tax records and assessments with other data sources.
   
   
 * Recent Sales History
   
   Combine the home's last sale price with current market price.
   
   
 * Comparable Market Analysis
   
   Look at recent sales records for other properties in the same neighborhood.
   
   
 * Knowledge of the Area
   
   Nearby schools, trendy restaurants, and the next door neighbor's dog all come
   into play.
   
   
 * Characteristics & Condition
   
   A thorough property inspection is done to note any problem or home
   improvements that may impact the value.
   
   
 * Local Market Conditions
   
   Working in the same neighborhood all year gives agents perspective on local
   trends.
   
   
 * Buyer Preferences
   
   Agents regularly work with buyers and learn the current housing tastes.
   
   


FREQUENTLY ASKED QUESTIONS

How is a home's value calculated?


You can calculate a home’s value through a free online valuation tool, hiring an
appraiser, or working with a real estate agent to get a comparative analysis.
Free online home value calculators look at transactions in your area and public
data to generate an estimate. But, if you’re looking for a more accurate number,
you’ll need to work with a real estate professional who will look at your
property’s condition, the market trends in your area, and other factors to
calculate your home’s worth.

The most common method for determining home value involves an analysis of
comparable sales. With this approach, recently sold homes similar to yours in
size, age, and condition are identified as “comps,” which serve as a baseline
for calculating your own home’s worth. Any differences in your home that would
add or subtract value, such as an extra bedroom or aging roof, will factor into
the calculation.

There are different ways to gather the data and information necessary for this
type of analysis. Online tools will pull from publicly available records, gather
real estate transaction data, and ask users to share updates about their
property. An algorithm is able to make sense of those numbers instantly,
resulting in a real-time valuation.

A real estate agent will be able to go a step further and access comps from
their local MLS and even conduct a walkthrough of the property. These steps give
them greater insights into the area and the ability to provide you with a
comprehensive comparative market analysis (CMA). Appraisers typically work from
the Uniform Residential Appraisal Report and will physically measure the
interior and exterior of the home in an onsite visit to make sure the public
records are accurate.

What adds value to a home?


What adds value to your home depends on a variety of factors. Some of these
variables are external, like a jobs market that attracts new residents to your
area, easy access to trails and parks, or the development of local restaurants
and shopping centers nearby.

A booming economy and market drivers like a low supply of inventory also work in
your favor. These influencers have the potential to boost demand for your home
and help it sell for more money.

Other factors are within your control. According to our research, improving your
curb appeal with basic lawn care and cleanup is the number 1 thing you can do to
improve the marketability of your home. You can also invest in larger upgrades
that add value (just be sure to check on the ROI) and keep the house in great
shape with proper maintenance over time.

Finally, to maximize value, be sure to list your home during the best time to
sell for your city and make the effort to clean, declutter, and stage the home
to impress.

How do free home value estimates work?


Generally speaking, automated valuation models (AVMs) run some combination of
county auditor and tax assessor records, user-submitted data, and property
listings and sales through a unique algorithm to arrive at a home value
estimate. These tools are able to comb through millions of pieces of data almost
instantly. With HomeLight’s estimate tool, you can simply input your address,
and the software will analyze millions of real estate transactions, collect
details about your property with a short questionnaire, and pull in the most
important elements of a comparative market analysis to calculate your home’s
worth. Keep in mind real estate experts advise using these tools as a starting
point rather than the final word.

What is the definition of “home value”?


Home value is the amount that buyers are willing to pay for a property,
depending on a number of factors, such as the location and condition of the
home. Fair market value refers to the price that an average or reasonable buyer
would spend on a house when there is no existing relationship with the seller,
and no extenuating circumstances endearing the buyer to that particular house.

How often should I check my home's value?


It’s a good idea to check up on our home’s value periodically and start owning
your home’s history and value online. When the time comes to sell, buyers are
going to look up your address and if the internet says your home is worth less
than you’re asking for, it could weaken your negotiating position.

In the weeks and months leading up to listing the property, looking up your
home’s value before you sell gives you an idea of how much you can list it for
and how your home compares to other listings in the area at that time. You
should also check your home’s value when you’re thinking of making major changes
to your property, like renovations or your updating property insurance.

What’s next after I receive my estimate?


After you receive your estimate, we recommend connecting with a top real estate
agent who will conduct a comparative market analysis on your behalf to lock in a
pricing strategy. With an estimate in hand, you can also calculate the cost of
selling your home and find out the net proceeds of the sale.


TIPS AND TOOLS TO TACKLE YOUR HOME SALE

Backed by America’s top real estate agents, rigorous research, and data
analysis. All designed to help you find the smartest way to sell your home -
visit our Seller Resource Center



WHAT HOME APPRAISERS LOOK FOR

See your home through an appraiser's eyes with this guide on what to look for in
your house—from the outside, in.


6 REASONS TO CHECK YOUR HOME'S VALUE

Know more about your home’s value to make the right financial decisions. Start
with these six actionable steps.


WHAT YOUR HOME WILL APPRAISE FOR

Here’s how to answer the question ‘What will my home appraise for?’ so you can
advocate for your home’s worth.

Read more


LET’S TALK

Whenever you’re ready, real estate veterans from all walks of life are on the
line to answer your questions, walk you through your options, and help you make
more informed decisions about your home.

Call (415) 942-5362


WHAT OUR CLIENTS SAY


4.8

Google rating based on over 240+ reviews

 * “
   Lisa Mcgregor PetersSold with a HomeLight agent
   a month ago
   
   I live in Florida so selling a home in Valley Village, CA needed to be
   handled by a reliable, trustworthy, competent team with excellent
   communication and coordination skills and experience working with a 1031
   exchange facilitator. HomeLight met those requirements and worked well with
   the realtor's team and the sale was handled quickly, drama-free and
   flawlessly. I would recommend the HomeLight team for anyone who desires a
   stress free transaction
   
   See review on Google
 * “
   William SmithSold with a HomeLight agent
   a month ago
   
   I highly recommend HomeLight when looking for a realtor. After living in our
   home for 38 years, I had no idea which realtor to choose to help us with
   selling our home. HomeLight offered me the names of 3 top realtors in my
   area. My wife and I decided to go with one of these individuals. It was a
   smart decision. Our HomeLight realtor was extremely knowledgeable and gave us
   some good tips as to the things we needed to do before putting our house on
   the market. Once we completed the improvements to our house as suggested, our
   realtor was able to get the house on the market right away. Within 2 days, we
   received a full price offer on our home. And, I just received my commission
   rebate from HomeLight in the mail yesterday. Thanks HomeLight for making the
   process of selling our home so much easier!
   
   See review on Google
 * “
   Buddy VillatoroSold with a HomeLight agent
   4 weeks ago
   
   As first-time home sellers, we were overwhelmed with advice and
   recommendations from friends, ads in the mail, unreliable, confusing,
   contradictory results from online search engines. The well-known real estate
   sites seemed to complicate the process even more. Turning to HomeLight was
   just what we needed. Our HomeLight representative was a great help at the
   start our process. No other site or resource offered that type of attention
   and service. The search for agents provided two names who knew our
   neighborhood and our town, and the top choice had just sold a home on our
   street a few days before. The reviews were clear and objective; the
   information, reliable; and the results, well presented. We contacted the two
   agents. Both responded quickly, and both scheduled meetings in two days. We
   ultimately hired the top choice. And we had a bid on our house in twenty-one
   days, and the buyers’ appraiser settled on the exact agreed selling
   price—just as our agent predicted. I highly recommend HomeLight. In just
   minutes, it helped us find the type of agent we wanted and needed.
   
   See review on Google
 * “
   MK SiemionkoSold with a HomeLight agent
   a month ago
   
   HomeLight made finding the perfect real estate agent a breeze. By providing
   me with a listing of proven professionals, I was able to "shop around" to
   find not only a good real estate agent, but the best realtor for my area and
   for the sale of my house. Through that realtor I was also able to secure a
   team of additional professionals to assist me with the sale of my home in New
   York. By essentially prescreening real estate professionals for me, HomeLight
   took away any issues that may have arisen via "guesswork" in trying to find
   the perfect real estate agent, which was incredibly important as I was out of
   state after listing and required a tried and true expert to help me with the
   process remotely. If I do end up moving again, I will 100% use HomeLight.
   
   See review on Google


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