Zestimates, Eppraisals & Instant Online Valuations – OH MY!
Recently, a Zillow representative visiting our RE/MAX Waco office said that if it were possible, Zillow would most likely rate the accuracy of its Texas property valuations lower than one star–not something potential home-sellers want to hear.
If you’re thinking of selling your home here in Waco, Texas, you need an accurate valuation of it. In order to sell your home in a timely manner without short-changing yourself, it’s important to know what your property is worth in today’s real estate market.
So, let’s examine the tools available to help you determine just how much your house is worth.
The internet offers a multitude of free and instant online valuation tools that in some markets can provide a good starting point for market prices. However, these sites often rely on third parties like Appraisal Districts for the information used to make a valuation.
Due to the Texas non-disclosure law, real estate agents, associations, and boards are not allowed to publish the actual selling prices of homes. That means not even Tax Appraisal Districts have access to that information, which results in inaccurate valuations for you.
Can’t I do it myself?
Of course, you can always compile your own market analysis by pulling building permits and going through Waco real estate data. But if you’re preparing to sell, we know you have a whole to-do list to tackle and don’t want to spend hours drudging through permits and pricing indices.
Leave your bad valuations behind
We at the Waco Home Team have a combined twenty years of real estate experience between us. That means we understand buyer preferences and trends, we know local market prices, and we are dedicated to securing the best deal for you. Hiring a professional real estate is not only a smart investment–it’s necessary.
So what now? Give us a call at (254) 855-9500 and we’ll walk you through the rest of the process. And while we’ve got you here, check out our next post on Market Analysis – Comparative vs. Competitive.