How Much Equity do You Have in Your Home?

You made a big investment when buying your home. Check in on that investment by having us complete a FREE CMA! What is a CMA? It stands for Comparative Market Analysis. Our team looks at 5-10 homes similar to yours that have previously sold, are currently active, and currently under contract.

This information is a more in depth and accurate valuation than our AVM Tool. The Automated Valuation Model is a computer-generated algorithm that uses historic, public sales data and trends to estimate a home's value with immediate results. This tool does not account for nuances in the current market and is often times not a good representation of a homes true value. It can provide a quick glance into your homes value if you're interested and can be fun to use. We would always recommend the more in-depth service that the Comparative Market Analysis offers.

The CMA and AVM are both a FREE services we provide! While the AVM is something you can do by yourself at home for immediate results, a CMA requires a little more time and research on our end.

When we perform a CMA, an agent will contact you to set up a time that is convenient with your schedule to physically view your home. When we are able to view the neighborhood, condition of the home, added features, etc we are able to take information and accurately price the home to sell quickly and put the most amount of money in your pocket!

Now, there are a lot of reasons you might want to have a CMA done for your home. If you're not looking to sell, no problem! A CMA can still benefit you. Equity is the amount of money you have paid in to your home that you get back when you sell the home. Just knowing your equity position can be helpful in planning for the future. Another reason you might want to have a CMA done is to assess wether or not you need higher insurance coverage on the property to cover any losses in the future.