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Beware of Online Home Valuation Sites



Figuring out home values when the market is in flux is truly a job for experts. We have seen the national real estate market begin to rebound, and expect Annapolis area home values to soon start to reflect movement as well. Most local homeowners are in the habit of keeping an eye on area home values. But especially for anyone considering buying or selling this spring or summer, estimating their home’s value is one of the first items on the agend

One of the quickest and easiest tools are the popular online home valuation sites. These sites rely on mathematical calculations based solely on public records and statistics, and can produce very inaccurate results.  This is particularly the case  in Annapolis’ very eclectic communites, where luxury and waterfront homes can be tucked into neighborhoods of far less expensive properties.  Mathematical calculations also cannot account for property condition, upgrades and finishes, or curb appeal, all of which can hugely swing the market value of a home.

While these online calculators do a good job at aggregating data, they cannot replaces human input.  Real estate is, after all, the very definition of a local occurrence, so if you’re looking for more than an estimate, it’s time to call the pros in.  An agent can also suggest where to invest your time and money to maximize the market value of your home.

If you have been considering selling a home and are curious about today’s Annapolis area home values, call me anytime for a complimentary consultation.

I specialize in waterfront, luxury homes, new construction, and relcoation in Annapolis, Davidsonville, Edgewater, Arnold, Severna Park, Crownsville, and surrounding communities.  Let me know if I can help you gather the information that you need to make informed real estate decisions. 

DEBORAH LAGGINI, Long and Foster Real Estate, Annapolis, MD 21403

CELL 410.991.6560

EMAIL [email protected]

REALTOR, Annapolis, Davidsonville, Edgewater, Arnold, Severna Park, Crownsville. and Surrounding Communities

REAL ESTATE, Waterfront, Luxury Homes, New Construction, Relocation

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