Just like an appraiser, the ValueSifters automated valuation system analyzes recent market activity to determine what buyers are willing to pay for differences in property features like:
- size of the home
- beds and bathrooms
- size of the yard
- amenities like
- fireplaces
- central AC
- a pool or spa
- views
- a covered patio or deck
ValueSifters also analyzes the market trends in your neighborhood, so it can factor in rising or declining property values too.
What an automated valuation system can't analyze are subjective differences like condition and location, but ValueSifters gives you the ability to manually adjust for those factors, making it the only automated valuation tool available that
- lets users adjust for both their home's physical and subjective features
- factors in active listings and home in escrow as well as recent sales
- displays a comp's adjusted value and ranking for 100% transparency
- includes a confidence score to let users know how broad the search was to locate a sufficient amount of market data to render the Vestimate
Based on our decades of appraisal experience, we feel that the only way to ensure a more accurate valuation is by having an appraiser or experienced real estate agent visit the property to conduct an
Appraisal or
Comparative Market Analysis.