How do I know the market value of my home?
Divide the average sale price by the average square footage to calculate the average value of all properties per square foot. Multiply this amount by the number of square feet in your home for a very accurate estimate of the fair market value of your home.
Is Zillow accurate for home values?
The Zillow Zestimate of Value Accuracy
Zillow never claims to be 100 percent accurate all the time or even 80 percent accurate most of the time in all areas.
What is the best home value estimator?
According to an independent study of on-market homes, the Redfin Estimate is the most accurate among leading automated home-value tools. We provide the most accurate value of a home for sale—more than twice as likely to be within 3% of the home’s selling price as other top online home-value estimators.
What is your home worth?
But in most cases, home value means the amount for which a house would likely sell, otherwise known as the current market value. Mortgage lenders — as well as buyers and sellers — typically rely on professional property appraisers to calculate market value, but there are ways to determine home value on your own.