Revealed Free Home Valuation Online Secrets For Big Returns

The Mechanics Behind Online Valuation Tools

Online home valuation tools typically use Automated Valuation Models (AVMs), which are algorithms that assess property values based on public records and proprietary data. These models consider a range of factors, including property size, location, and historical sales data. While AVMs provide a quick estimate, it's important to note that they may not account for unique property features or recent renovations. Therefore, they should be used as a starting point rather than a definitive appraisal.