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Home valuations give you valuable knowledge that can help you plan for the future and make smart decisions. It’s good practice to stay informed about how much equity you have in your home and how much you may be able to borrow against it or sell it for.
Our tool provides a more robust, accurate assessment than you’ll get from the major real estate portals. For the most precise valuation, reach out to discuss a customized Comparative Market Analysis or an appraisal.
Two Accurate Ways to Perform Home Valuations
MARKET ANALYSIS
A Comparative Market Analysis (CMA) is a tool used by real estate agents to value a home. It evaluates similar homes that have recently sold in the same area. Agents find comparable sales and use them to conduct a sales comparison. In most cases, an agent will find three homes that have recently sold and are as similar to and located as close to the home being valued as possible. Each one is then analyzed to pinpoint differences between it and the home being valued. Once these differences are priced out, the price of each comp is adjusted to see what it would cost if it was identical to the home being valued were it to be sold in the current market.
APPRAISALS
An appraisal is an unbiased valuation of a home based on a professional’s opinion. They are usually what mortgage companies use for home purchases and refinances. A lender usually orders a home appraisal and the cost of the appraisal, sometimes up to $500, is paid by the homeowner. An appraiser does a complete visual inspection of the interior and exterior of the home as well as taking into consideration recent sales of similar properties and market trends. The appraiser then compiles a detailed report on the home, including an exterior building sketch, a street map showing the home and any comparable sales, photos of the home and street, an explanation of how the square footage was calculated, and any other relevant information.
Situations When a Home Valuation May Be Necessary
REFINANCING
Lenders base the amount of their loans on the value of your property and usually allow you to borrow a maximum of 75% to 96.5% against your property. Knowing what your home is worth allows lenders to calculate your equity in the home. The more equity you have, the better terms you will receive on your refinance.
HOME IMPROVEMENTS
If you’re doing home improvement projects to increase the resale value, you want to make sure you’re not pricing it out of the market. If your home is already priced on the high-end for your neighborhood, making too many improvements could make it more difficult to sell. When you get a valuation, you can see how your home compares with others in the neighborhood and let this guide your home improvement decisions.
QUALIFYING FOR CREDIT
If you want to borrow cash against your home, getting a Home Equity Line of Credit (HELOC) could be a good option. To qualify, you must have a certain level of equity in your home. Most lenders require at least 20%. Getting a home valuation will help you determine if you qualify and will be used by the lender to make a decision on your loan.
PLANNING
Though it’s not a necessity, simply knowing the value of your home is good information to have. It will help you plan for the future and deal with unforeseen circumstances when you might be in a position that requires extra money or a quick relocation. Knowing how much equity you have in your home and how much you may be able to borrow against it or sell it for will help you respond to any financial curveballs that life throws at you.
For Discerning Sellers
Gain refined insights into the most common questions from sophisticated sellers — covering home valuations, meticulous listing preparation, strategic marketing, and a seamless, confident selling experience.
Understand the true value of your home with precise insights and expert guidance. From market trends to property-specific details, gain clarity on your home’s worth and make informed selling decisions.
A home valuation is an estimate of what your property could sell for in today’s market based on comparable sales, current demand, and property-specific details.
Online estimates use a mix of public records, recent comparable sales, location data, and market trends. Condition, upgrades, and unique features often require a more precise, local review.
It’s a useful starting point — but it may miss renovations, view premiums, building nuances, and very recent market shifts. A pricing strategy becomes most accurate when it’s validated with local comps and on-the-ground context.
Navigate the selling journey with confidence and sophistication. From strategic pricing and premium marketing to seamless showings and offer management, discover how our approach elevates the sale of your luxury property.
We combine local comparable sales, current buyer behavior, and positioning strategy to maximize demand — without leaving money on the table.
We’ll recommend only what moves the needle — from simple prep to staging guidance — based on your home, timeline, and target buyer.
Yes. High-quality visuals and a premium presentation are part of how we generate serious buyer attention and stronger offers.
Across the channels that create buyer demand: digital exposure, agent-to-agent distribution, and targeted outreach — supported by Douglas Elliman’s reach.
If it fits the property and the seller’s goals, we can explore private network exposure before going fully public.
We structure showings to attract qualified buyers and create momentum — without turning the process into chaos.
We create a clear offer strategy that protects your price, terms, and timeline — and keeps buyers competing cleanly.
Seller costs vary, but commonly include brokerage, closing fees, and any agreed concessions. We’ll outline expected costs early so there are no surprises.
You’ll receive a tailored plan for your home (positioning, launch approach, and marketing channels) and the next steps to move forward confidently.