How Much is My House Worth? Top 10 Free Home Valuation Tools

Model Houses as Concept of House Values

Figuring out the value of your house is not an exact science. Even professional appraisers will sometimes disagree on what a home is worth. In the end, it all comes down to how much someone is willing to pay.

Automated appraisal systems calculate home values based on the recent sales of similar houses based on the number of bedrooms, bathrooms, and square footage of a house. They can’t take into account the property conditions, type of transaction (discounted cash sales, foreclosure or shortsales) and other variables that are just too hard to track.

We recommend you always work with a real estate professional to asses the value of your property. For a quick estimation of just how much you could be able to get for your home, you can take advantage of free tools that will get you a rough idea of what your house might be worth.

ZipRealty Home Values

ZipRealty’s Home Value Estimator

One of our favorites, ZipReality.com has all the tools needed in order to figure out how much a house is worth. The combination of their interactive pricing tool, property value estimates, and the local real estate agents give the insights any home owners need to price and sell their house (or buy a new one).

Ziprealty Home Value Estimates Chart

You’ll love Zip Realty’s feature which compares real estate value estimates from SmartZip, Zillow and Eppraisal

In order to get an idea of how much a house is worth, all you have to do is supply your email address and you’ll instantly get a number of estimates on how much your home is worth today! If you’re not satisfied with that, check their interactive pricing tool which will give very thorough analysis of the value of a place.

Ziprealty Real Estate Comparables

SmartZip Logo

SmartZip’s
Smart Home Values

Another one of our favorites! SmartZip provides an accurate valuation of your house and presents it in a beautiful user interface. Once you log into the site, make sure you click on the “Don’t Have a Key Code” link, just under the Get Home Value button. Once there, type in your address. You will notice a predictive feature will attempt to finish typing the address for you.

Smartzip's Smart Home Value Report

After you submit your address, a well organized report is genereated which includes a map with similar property sales (along with the transaction price) and a neighborgood ratings report which gives insight on the trends and economics of the area.

Visit SmartZip’s SmartHomeValue.com →

RealEstateABC Free Home Values Logo

RealEstateABC.com

A hidden gem. This website is a great resource for homeowners. You can get a free home value estimate and sales comparable instantly without having to type in any of your personal information. Unlike most other sites in this list, RealEstateABC does not collect leads; their homepage states that you will not receive contact from anyone from the site. There is a lot of useful information available to you. You can find other home values, homes for sale, a mortgage calculator, articles on the real estate industry, recommendations on agents and a whole lot more.

Eppraisam Free Home Appraisals Logo

Eppraisal.com

Using Eppraisal’s property valuation estimator is pretty basic. Type in your home address and they provide estimates based on their neighborhood aggregate system. The site has an interactive interface complete with home listings and useful information on real estate in general.

Realtor.com Logo

Realtor.com Home Value Estimator

This site provides you with property values, listings of properties for sale and rent and assistance finding a realtor. You can calculate mortgage payments with the mortgage calculator and decide what home price is more comfortable for you to pay a month. The home value estimator provides you with a fair and easy to read comparable report.

Redfin's Whats My Home Worth? Logo

Redfin.com’s What is My Home Worth Tool

Redfin requires you to sign up for their site before you can get your estimate. Once you have signed up you will receive an estimate value on your house. You can also search for homes for sell, use their many online tools and search for real estate agents.

Zillow and Zestimate House Values Logo

Zillow.com’s How Much Is My Home Worth Tool

Zillow is the most popular real estate websites on the Internet. It aggregates a comprehensive list of homes for sale and for rent, nationwide. You can also look at homes that have sold in your area and find out the amount they sold for. This helps you determine just how much your own home might be worth. Zillow’s “How much is my home worth” tool calculates your home’s Z-Estimate (Zillow’s estimate of value based on their own internal algorithms).

Zillow's Nearby Sales Comps Report

There is no need to register, simply type your address in the field provided and watch your home value appear along with statistics about the neighborhood.

Get Estimate From Zillow →

Trulia Free Home Values Logo

Trulia.com

Trulia is another popular real estate website you can use for just about anything. You can find homes to purchase or rent. It has a mortgage calculator to help you figure out how much mortgage you can afford. You can also use the mortgage section to determine if renting is better than buying in your current situation. To find how much your home is worth, you need to type in your email address, fill in your address and Trulia will give you a customized estimate. The site is very well put together and easy to navigate.

Trulia's Sell Page

The site provides you with an automated estimate upon form submission. It then prompts you to get a personalized estimate from a local agent which is considerably more accurate as it is done by hand. The page also links to their Find an Agent directory where you can find realtors with relevant experience and local market expertise.

Trulia Home Estimate Report

Get Estimate From Trulia →

Chase House Value Estimator Logo

Chase Home Value Estimator

Powered by CoreLogic’s technology — the same technology available to real estate agents in many MLS systems — Chase Home Value Estimator generates a quick and free estimated value of your home (or a home you’re interested in). There’s no need to provide an email address nor phone number. All you have to do is type in the address and a list of information regarding the house value of the place you’re interested in will be provided. The site is very easy to navigate that anyone can find their house’ worth in just a matter of seconds.

Chase's Home Value Estimator

HouseFax Residential Property Records and Home Reports

HouseFax.com Home Reports & Residential Property Records>

Similar to CarFax but for homes, HouseFax offers sellers, buyers and real estate professionals the tools they need in order to smoothly carry out the process of buying or selling a house. They have the ability of researching the home history information, and this will all be compiled in a HouseFax report that will be sent to the client who requested it.

Their data aggregation feature makes it possible to deliver the information anyone needs in just a matter of seconds. Accurate information that can take a number of hours, even days if done manually.

As complex as these automated systems get, nothing beats local market knowledge of a real estate appraiser. You can’t rely on home value websites as these are only automated approximations, and do not account for the condition of the property and many other variables that might affect the value of your house. To get an accurate opinions on what your house is worth, you will need to get professional appraisal.

We can approximate the value of your house by comparing recent sales of similar property in your neighborhood. However, there is no easy way to really know the details of the sale, such as the internal conditions of the property or they type of transaction that took place.

For example, a house might go for less if it is found the walls contain Chinese drywall, or if there has been a small fire and the kitchen needs to be redone. Even so, comparable sales are the best indicator we have to measure supply and demand. Unlike retail sales, the listing price on a house is never final; a negotiation is always expected. If you are selling your house, always leave room for negotiation. Tell your agent to list your property higher than what you expect to get. If you are a home buyer, keep in mind to never pay full price. Unless you are making an offer on discounted property, you can expect to get a few thousand dollars off the listing price if you ask for it.

If you would like to know how much you can get for your house in cash, fill out the form below and we will get in touch with you. Although we can’t guarantee to buy full price, we can help you sell your house fast.

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About Amir Seliger

Comments

  • Robert Andrews

    Zillow’s estimate of my house value is way off. I know this because I just had a professional appraisal done. I wound not recommend anyone to use Zestimate to make selling decision. RealEstateABC and Chase’s Tool are way better, although not as sleek looking as Zillow.

  • Carlos Castillo

    Very useful list. I am bookmarking the link for future reference.

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