One option is to put your address through a few different tools to see what you get. We queried the eight sites below for their estimate of the same home in the Dunwoody suburb of Atlanta, so you can get a sense of what each one provides.
HomeLight’s Home Value Estimator
Website
Value of test home: $507,809
How does it work?
With HomeLight’s tool, all you need to do is 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. Within two minutes, you will receive a preliminary estimate of the value sent directly to your email 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 real estate technology company that provides an array of services to buyers, sellers, and real estate agents. Through HomeLight, you can connect with a top real estate agent or request a cash offer on your home. In select states, you can also use the company’s Buy Before You Sell program to purchase your next home.
How is this tool different from others?
For a deeper understanding of your home’s value and current market trends, you’ll want to get a comparative market analysis from a local real estate agent. HomeLight provides a list of top-rated agents in the same email that contains your home value estimate, making it easy to take the next step if you so choose.
RE/MAX
Website
Value of test home: $582,068 - $599,662
How does it work?
To use RE/MAX's tool, simply enter your address and click "Get Estimate." The tool will confirm the correct number of bedrooms, bathrooms, and square footage for your home. The next screen will display a range of estimated values provided by SmartZip, which takes into account various 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.
How is this tool different from others?
In addition to providing an estimate of your home's value, RE/MAX's tool shows a map of comparable homes for sale in the same ZIP code. This feature allows homeowners to explore local trends in more depth. If you require more information, you can click the "Contact us" button, and RE/MAX will follow up with a more accurate assessment.
Now, let's review each of the remaining tools in more depth.