It's a question we hear on a regular basis, "We love your site but we were hoping you could get a "free online valuation. Why don't you offer this on your site?"   

Why Zillow Values Your Home Wrong

My NC Homes has reviewed a dozen or more of them, trying to find one we felt good about offering our clients/customers. The truth is we haven't found a single one that we felt was worth putting on our site. They're all flawed for the same reason; they calculate your home's value using a number of false assumptions. The first is that all lots within a neighborhood are the same. They don't know whether your lot backs to a beautiful glade or a powerline, whether it's level, hilly, a corner lot, backs to a highway or is positively (or negatively) impacted by adjoining properties. Next they assume all homes within a neighborhood are in the same condition and have the same level of finish throughout. Finally they assume the information on tax records is accurate, however this isn't always the case and combined these assumptions lead to highly inaccurate valuations.

 
 
This doesn't mean that Zillow and other sites aren't worth visiting, they do offer consumers other good information and have a user friendly interface, it simply means if you want to know the value of your home, so that you can make informed decisions, you need to contact us. We're happy to hear from you and you get a detailed report that you can count on. By the way, it's still "Free" There's a contact form you can use, right below the video of Larry explaining the problems with online valuations. 
 
 
Posted by Larry Tollen on
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