Find The Value Of Your Home On The Real Estate Market With The Click Of A Mouse!
Welcome to my online Home Evaluation system. The answers to your home-selling questions are just a click away! Let me help you find the value of your home. By running a Comparative Market Analysis (CMA), I'll find the value of your property on the current real estate market.
Through the Comparative Market Analysis, I can evaluate the prices of properties similar to yours that have recently sold in your area. This analysis will give you a better idea of your property's market value, one of the first - and essential! - steps as you prepare to sell your home. All it takes is a few quick minutes to complete and submit the form below. Then let my system do the work for you! I'll contact you as soon as I have the results.
What is the mls HPI (Home Pricing Index) going to do for the pricing of your home?
The MLS® HPI is not designed to predict the value of an individual property; however, since it is based on MLS® data, the MLS® HPI provides a more precise picture of home price trends in a given region, municipality or neighbourhood.
This is done over a period in time (years).
The MLS® HPI tracks changes in home prices by comparing price levels at a point in time with price levels in a base (reference) period. The base period value is always 100.
For example, if the base period for single-family homes is January 2005, and the MLS® HPI value for single-family homes in December 2011 is 149.1, you know that the value of single-family homes is up 49.1% when comparing it to the base period (149.1 – 100 = 49.1%).
The MLS® HPI is calculated by using a sophisticated statistical model, in which the price of a home is estimated on both its quantitative and qualitative features.
Based on these estimates, the MLS® HPI can be used to calculate the price for benchmark homes whose features are typical of homes sold in a given area.