You may have heard the term “Ownerly Home Value” and wondered, “What is this? How does it work?” Let’s break it down into simple terms. An Ownerly Home Value is a personalized estimate of your home’s worth, based on local market conditions and comparable properties. We use proprietary algorithms to analyze factors such as property type, features, size and location to provide you with an accurate estimate of your home’s value.
What is an Ownerly Home Value?
An Ownerly Home Value is the current market value of your home. It’s important to know this because it can help you determine whether or not it’s time to sell, or if there are any repairs that need to be made.
calculated based on similar homes in your area that have recently sold and/or are currently on the market for sale. It uses public data from government records and real estate websites like Zillow and Trulia, as well as proprietary algorithms developed by Ownerly’s team of data scientists (that’s us!).
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How is it calculated?
The Ownerly Home Value is calculated using data from the Multiple Listing Service, public records and tax assessor. The Ownerly Home Value is an estimate of what your home should sell for based on its condition, location and other factors. You can use this tool to negotiate purchase prices with sellers or determine how much your home is worth if it’s listed for sale.
Why do we need an Ownerly Home Value tool?
Why do we need an Ownerly Home Value tool?
The Ownerly Home Value tool is designed to help homeowners get a better understanding of their home’s worth and property’s worth, making it easier for them to make better decisions about their properties. You can use this tool if you’re considering selling your home or buying another one. In fact, it’s powered by Fannie Mae so all information provided will be accurate and reliable!
The more information you provide us with when using tool (for example: square footage), the more accurate our estimate will be.
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How will the Ownerly Home Value help me in my real estate transactions?
An Ownerly Home Value is the estimated value of a home. It helps you understand what your home is worth, and how much other homes in your area are selling for.
The tool can also be used to estimate the value of a home before buying it, or even to help negotiate on price before listing a home.
What are the benefits of using Ownerly as a buyer or seller?
- It helps you understand how much your home is worth
- It helps you negotiate a better deal
- It helps you find the best real estate agent for your needs
- It helps you understand the local market, including nearby homes and their prices, as well as schools and other amenities in the area. This can be useful if you’re buying or selling a home in an unfamiliar city or state.
An Ownerly Home Value is a personalized estimate of your home’s worth.
An Ownerly Home Value is a personalized estimate of your home’s worth. It’s calculated using historical sales data and neighborhood demographics, so you can be confident that it’s accurate.
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Once we have your information, we’ll create a report with details about how much similar homes in your area sold for recently–and what factors might affect the value of yours. This includes things like:
- Size and style of home (e.g., ranch vs Cape Cod)
- Location (e.g., neighborhood or city) * Number of bedrooms/bathrooms * Yard size * Parking spaces available
Now you know all there is to know about an Ownerly Home Value!
Now that you know all there is to know, let’s talk about how it can help you in your real estate transactions.
As a buyer or seller, having access to this tool will give you an advantage over competitors who don’t have access to this information. By knowing the current market value of homes before making offers on them, buyers will be able to negotiate better deals with sellers and vice versa when negotiating sales price with buyers.
Buyers can use this tool while shopping around for homes they want to purchase so they don’t overpay for properties that are priced too high or undervalue properties that may be underpriced by other agents who aren’t aware of the actual value of homes currently available on the market in their neighborhood area (or even within multiple neighborhoods).
As you can see, is a great tool for anyone looking to buy or sell a home. It’s easy to use and gives you access to valuable information that will help you make better decisions when buying or selling real estate. If you have any questions about this article or our service in general, don’t hesitate to reach out! We are always happy to help with anything related to real estate values and estimates.