8 of the Top Free Online Home Value Estimators in 2022

home prices rose a stagger 20 % class over year in Feb. 2022 and many people are curious to know : “ What ’ s my home deserving today ? ” detached on-line home value estimators can give you an idea of what your house might sell for or how a lot home equity you ’ ve banked in a gangbusters caparison market .
many lenders and substantial estate companies have an automated evaluation model ( AVM ) on their web site where you can input your cover to get a result. none of these tools are a stand-in for a dinner dress appraisal or the in-person expertness of a real estate agentive role, but they can be a utilitarian starting point .
Most aggregate some combination of county hearer and tax tax assessor records, user-submitted data, and MLS listings and sales to produce the estimate .
You may be curious to know which online home value calculator is the best or which website is most accurate. A home ’ south square footage, acreage, number of bedrooms, bathrooms, and year built are some of independent data points used for calculating measure — but each joyride may have blind spots where data is limited or only offer coverage of certain marketplace areas.

One choice is to put your address through a few different tools to see what you get. We queried the eight sites below for their appraisal of the like home plate in the Dunwoody suburb of Atlanta so you can get a sense for what each one provides :

Tool Estimated value of test home
HomeLight ’ s Home Value Estimator $ 486,000
RE/MAX $ 463,054-477,049
Chase Mortgage Services $ 461,700
Zillow Zestimate $ 481,300
Bank of America $ 490,805
Realtor.com $ 461,700
Redfin Estimate family out of service area
Eppraisal $ 461,043 – $ 470,357

We ran an address for a 2,305-square-foot home on a 0.3-acre lot with three-bedrooms and two-and-a-half baths in the Dunwoody suburb of Atlanta through each of the above tools.
now let ’ s reappraisal each tool more in depth .

HomeLight’s Home Value Estimator

Website

Value of Home Inputted : $ 486,000

How does it work?

With HomeLight ’ randomness instrument, you can 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 authoritative elements of a relative market analysis. Users then receive a preliminary calculate of value in under two minutes sent to their electronic mail inbox .

 What information do you need to provide for the best calculation?

  • What’s your address?
  • Are you thinking of selling soon?
  • What’s the condition of your home? (needs nothing, needs a little work, needs significant work, or teardown)
  • Anything else you’d like to tell us about your home?
  • Email address for where to send the estimate

How does the tool fit into what the company does?

HomeLight is a actual estate technology party that provides an array of services to buyers, sellers, and substantial estate agents. Through HomeLight, you can connect with a top real estate agent or request a cash offer on your home. In choice states, you can besides get a home loanword or use the company ’ second “ power buy ” services to purchase your following home .

How is this tool different from others?

For a deeper understand of your home ’ s value and stream market trends, you ’ ll want to get a comparative market analysis from a local actual estate of the realm agentive role. HomeLight provides a number of top-rated agents in the same e-mail that contains your home value appraisal, making it easy to take the following step if you so choose .

RE/MAX


Website

Value of Test Home : $ 463,054-477,049

How does it work?

record your address and pawl Get Estimate, and RE/MAX will confirm that it has listed the correct numbers of beds, baths, and hearty footage for your home. The following screen shows a range of estimated value provided by SmartZip, which has a patented AVM that takes into account a number of variables .

 What information do you need to provide for the best calculation?

  • Address (provided by user)
  • Number of bedrooms (confirmed by user)
  • Number of bathrooms (confirmed by user)
  • Square footage (confirmed by user)

How does the tool fit into what the company does?

RE/MAX is a real estate franchisor with offices all over the world. As of Feb. 2022, the company had 140,000 real estate agents working under its brand .

How is this tool different from others?

Alongside the estimate of home value, RE/MAX ’ mho joyride shows a map of comparable homes for sale in the lapp ZIP code for homeowners to explore local trends more in depth. Users seeking extra information can besides click the “ Get Accurate Valuation ” connect and RE/MAX will follow up with a comparative market analysis from one of its actual estate of the realm agents .

Chase Mortgage Services


Website

Value of Test Home : $ 461,700

How does it work?

When you type your address into the database, Chase generates an calculate price, a function that shows your property, and the sales prices of neighboring homes .

What do you need to provide?

  • Address only

How does the tool fit into what the company does?

Chase offers an array of fiscal services to over half of America ’ south households. Through Chase, you can apply for a mortgage, refinance your home plate, or take out a home fairness line of citation.

How is this tool different from others?

Chase ’ s home measure calculator is powered by robust data collected from over 10,000 government and proprietorship sources. Although Chase doesn ’ thyroxine ask for user-submitted information upfront, a user can adjust the number of beds, baths, entire rooms, and total square footage boxes to either present late upgrades or forecast the value of a recast undertaking. The cock besides mechanically pulls in a faculty displaying holocene nearby sales data .

Zillow Zestimate®


Website

Value of Test Home : $ 481,300

How does it work ?

insert your address into the tool and suction stop “ Get Started. ” This will lead you to a screen door with your home ’ s Zestimate®, but to view more, you ’ ll need to create a Zillow account or logarithm into your existing one .
Zillow ’ s Zestimate® inputs public, MLS, and user-submitted data into a proprietorship recipe, which gives consideration to home facts, location, and market trends .
The AVM ’ s accuracy depends on the handiness of data in a home ’ sulfur geographic localization. In some markets, dwelling information — such as square footage, count of bedrooms and bathrooms and other details — are more accessible than in other regions .
The caller offers an up-to-date margin of error for lead metropolitan markets and every submit. The nationally median error rate for listed homes hovers around 1.9 % ; the pace for off-market properties is approximately 6.9 % .

 What do you need to provide for the best calculation?

  • Address only for standalone estimate
  • Creation of a Zillow account to see additional details

How does the tool fit into what the company does?

Zillow and its affiliates offer consumers an array of products and services for sell, buy, renting and financing homes. The company is known as a top web site where you can shop for homes online .

How is this tool different from others?

Launched in 2006, Zillow is the OG of dwelling prize calculator tools. When you enter the base address and click “ View This Home, ” the software generates an estimate and lists the square footage, count of bedrooms, and number of bathrooms for the property .
The page breaks out the factors contributing the calculate — specific figures on comparable homes, tax assessment, and sales comps. It features a menu of graph illustrating your home ’ s value, lease rates, listing prices over the past 10 years .
Be aware that any note on Zillow ’ s tool that says users can “ request a no-obligation market value offer from Zillow ” is now outdated. The party is no longer offering conduct offers on homes. Zillow shuttered its iBuyer program, Zillow Offers, in Nov. 2021 .

Bank of America


Website

Value of Test Home : $490,805

How does it work?

once you enter your address, a shield pops up with your estimated home plate value aboard Google Earth pictures of your home ’ second exterior, number of beds and baths for the property, and the square footage .

What information do you need to provide for the best calculation?

  •  Address only

How does the tool fit into what the company does?

Bank of America offers fiscal services for home loans and refinances .

How is this tool different from others?

Bank of America ’ s tool displays MLS property details such as whether the house has a garage, pool, or fireplace, and you can scroll down to see a shadow occupation graph showing the home ’ s value over a 10-year period adenine well as nearby comparable homes in a map format .

Realtor.com


Website

Value of Test Home : $ 461,700

How does it work?

Its AVMs compiles basic property characteristics, local market data, and monetary value trends to produce a home measure estimate .
Realtor.com is the lone site that gathers estimates directly from multiple, independent AVM providers. To offer consumers entree to the same providers used by real estate lenders, investors, and brokers, Realtor.com sources its estimates to Collateral Analytics, CoreLogic, and Quantarium .
The company asserts homeowners benefit from the multi-pronged set about because presenting data from multiple sources with their own unique algorithm provides a more complete picture of a home ’ s electric potential measure .

 What information do you need to provide for the best calculation?

  • Address only for standalone estimate and percent increase or decrease from the previous month
  • Must share Facebook, Apple, email address or create an account to access advance information

How does the tool fit into what the company does?

Realtor.com is a major home search and real estate media web site .

How is this tool different from others?

If you “ claim ” your home by logging in with Facebook, Apple, or your electronic mail address, you have access to information on an owner ’ s dashboard. That page includes a graph of your home plate ’ s value over the past five years, market trends for your sphere, the property sales history, a home sale net proceeds calculator, and extra metrics and tools .

Redfin Estimate


Website
Value of Test Home: Unavailable because location is outside service market

How does it work?

Users enter their address and Redfin delivers an contiguous estimate of value along with the chance to claim “ I ’ m the owner ” of the property. After verifying ownership, a exploiter can update and make corrections to their place details, exchangeable to how they can on Realtor.com and Zillow. Pulling data directly from the MLS, Redfin bases its calculations on the prize of recently sold homes in your area .

 What information do you need to provide for the best calculation?

  • Address

How does the tool fit into what the company does?

Redfin is a actual estate brokerage that charges a discounted rate ( 1 % or 1.5 % ) for its listings services .

How is this tool different from others?

On its web site, Redfin says Redfin Estimate is the most accurate among leading automated home-value tools — more than doubly as likely to be within 3 % of the home ’ s selling price as other acme on-line home-value estimators. If your geographic area is within its service zone, Redfin generates an estimate and displays a map with photos of other properties that have sold in the area. There ’ randomness besides a connection to schedule a sales consultation .

eppraisal


Website

Value of Test Home : $465,700 with range $461,043 – $470,357

How does it work?

eppraisal.com ’ mho calculator accesses public county records and culls the data from up to 20 late property values and nearby comparable properties. To calculate a price range, it plugs that information into a proprietorship numerical formula that takes into account each property ’ randomness characteristics and holocene place sales in the area .

What information do you need to provide for the best calculation?

  • Street name and ZIP code

How does the tool fit into what the company does?

eppraisal.com is a release real number estate and family value website that aggregates data on holocene home sales, neighborhoods, and local market trends .

How is this tool different from others?

Eppraisal provides data in a stripped down, bare-bones format. Besides the estimate, its results page shows a function and populace records ’ information vitamin a well as some family loanword options .

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