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01 Home value
What is your home actually worth
02 The short answer
What is your home actually worth
A comparative market analysis values your home from the homes near you that recently sold and closed, adjusted for square footage, condition, updates, lot and age. That is the same evidence a lender's appraiser will use. It is free, it comes with the reasoning attached, and requesting it does not commit you to listing.
Online estimates are useful for curiosity and unreliable for decisions. They are algorithms working from public records, and public records do not know that you replaced the roof, finished the basement, or that the comparable sale down the street backed onto a road. Depending on the neighbourhood those estimates can miss by tens of thousands of dollars in either direction.
What I send back is a range, the specific sales I built it from, and an explanation of the adjustments. If the number is lower than you were hoping, you will hear that from me with the evidence attached rather than a softer figure designed to win a listing.
03 Step by step
How the analysis is built
You send the address
That plus a way to reach you is genuinely all I need to start.
I pull closed comparable sales
Homes near you that actually sold and closed recently. Active listings tell you what your competition is asking, which is a much weaker signal than what buyers have proven they will pay.
Adjustments for your specific house
Square footage, bedroom and bath count, garage, basement finish, lot, age and the condition and updates that records do not capture.
You get a range and the reasoning
Not a single number. A range, the comparables behind it, and what would move you toward the top of it.
You decide, on your timeline
Plenty of people request this because they are simply curious about their equity. There is no follow up campaign attached to it.
Placeholder photo04 Worth knowing
A valuation is useful even when you are not selling
Homeowners request these to decide about refinancing, to check whether they are carrying private mortgage insurance they could now remove, to plan a move that is two years out, or to settle an estate. All of those are legitimate reasons and none of them obligate you to anything.
How accurate are online home value estimates?
They are a starting point and they are frequently wrong by a wide margin on any home that is not a near identical match to its neighbours. They cannot see condition, updates, or the reason a nearby sale went cheap. Use them for curiosity and use a comparative market analysis for any decision involving money.
Will requesting this put me on a call list?
No. You will get the analysis and an offer to talk it through if you want to. If you do not reply, that is the end of it.
06 Get started
Request your home value
A comparative market analysis on your address, built from real comparable sales. No cost and no obligation.
Trae reads every one of these himself. If you would rather talk now, call 317 478 0124.
07 Common questions
Questions people actually ask
Is this the same as an appraisal?
No. An appraisal is a formal valuation performed by a licensed appraiser, usually ordered by a lender, and it costs money. A comparative market analysis is a REALTOR's evidence based estimate of market value and it is free. They use similar evidence and they are not interchangeable legally.
How long does it take?
Usually a day or two. Pulling comparables is quick. Doing the adjustments honestly for your specific house is the part that takes the time.
What if my home needs work?
Say so when you send the address. Condition is one of the largest adjustments in the whole analysis, and a valuation that assumes your house is in average shape when it is not helps nobody.