What is Your Home Really Worth?Posted by Andree Huffine, Sarasota Realtor on
Admit it, we've all Googled the value of your own home--or looked it up on Zillow. You may even have input your homes' information on a "what's my home worth" calculator. Almost a quarter of U.S. homeowners use online home-value calculators to get a preliminary estimate of what their home may be worth. These online tools are called automated valuation models (AVM) . Millenials and Generation X'ers are the major p;ayers with the AVMs. However, these tools are rapidly being used by Boomers and others, especially in recent months due to the COVID-19 pandemic. There are a myriad of major players out there when it comes to AVM models, such as Zillow, Redfin, Trulia, etc.
Step one for when you’ve done your initial AVM calculation is to get a comparative…
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