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Can I see how much my Queens’ Home is worth on a Real Estate Website?

As a Queens homeowner, it’s natural to want to know the estimated value of your property. Whether you’re looking to sell your home or just curious about its current value, there are several websites that can give you an instant home value estimate. While this is obviously not an accurate home valuation since it doesn’t factor in condition, layout, obsolescence, etc, it can give you an idea of what your property may be worth at this time.

In this blog post, we’ll take a look at some of the top websites where Queens homeowners can instantly see an estimated value of their property.

Zillow

Zillow is one of the most popular websites for real estate information, and for good reason. The site offers an easy-to-use interface that allows you to see an estimated value of your home, along with other data such as the number of bedrooms, bathrooms, and square footage. Zillow also provides information on recent sales in your area, which can be helpful in determining the value of your home.

How Accurate is the Zillow Zestimate? Taken directly from their website, this is what Zillow states in regrds to the accuracy of their Zestimates for off market properties:

“The Zestimate for off-market homes has a median error rate of 7.49%. The Zestimate’s accuracy depends on the availability of data in a home’s area. Some areas have more detailed home information available — such as square footage and number of bedrooms or bathrooms — and others do not. The more data available, the more accurate the Zestimate value will be.

https://www.zillow.com/how-much-is-my-home-worth/

Redfin

Redfin is another popular real estate website that provides an estimated value of your home. The site uses a proprietary algorithm that takes into account recent sales in your area, as well as other factors such as the age and condition of your home. Redfin also provides a breakdown of the estimated value, including the value of the land and any improvements made to the property.

How accurate is the Redfin Estimate? Taken directly from their website, this is what Zillow states in regrds to the accuracy of their Zestimates for off market properties:

“The Redfin Estimate is highly accurate, with a current median error rate of just 2.20% for homes that are for sale, and 7.21% for off market homes. For off-market homes, the Redfin Estimate will be within 7.21% of the eventual sales price half the time. The Redfin Estimate is more accurate for homes that are for sale because there is more data available about those homes.

https://www.redfin.com/what-is-my-home-worth

Realtor.com

Realtor.com is a website that specializes in real estate listings, but it also provides an estimated value of your home. The site uses data from multiple sources, including recent sales in your area and public records, to provide an accurate estimate. Realtor.com also provides information on the local real estate market, which can be helpful in determining the value of your home.

https://www.realtor.com/myhome

4. Eppraisal

Eppraisal is a website that provides an estimated value of your home, along with other data such as the number of bedrooms and bathrooms. The site uses data from multiple sources, including recent sales in your area, to provide an estimate. Eppraisal also provides information on the local real estate market, including trends and forecasts.

https://www.eppraisal.com/

5. NYC Notice of Property Value

For residential homes in Queens, you can also use the estimated market value on your Notice of Property Value (NOPV) to get an idea of what your home may be worth at this time. They also will not be completely accurate since they do not take into account factors like, condition, layout, obsolescence, etc. but they are generally within 10% of the actual market value so it is another general gauge of market value. You can access your Notice of Property Value anytime on the Department of Finance Website.

https://www.nyc.gov/site/finance/taxes/notice-of-property-value.page

There are several websites where homeowners can instantly see an estimated value of their property. Zillow, Redfin, Realtor.com, Eppraisal, and the Department of Finance website are just a few examples of websites that offer this service. While these estimates can be helpful, it’s important to keep in mind that they are just that – estimates. To get a more accurate value of your Queens’ home, it’s best to consult with a local real estate agent (like QHT) or a certified independent appraiser. For a free home valuation from our team, Click Here.

Need Help? Contact Us.

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