Remove Home Value Remove Market Value Remove Tools
article thumbnail

Revive launches AI-powered listing tool for real estate agents

Housing Wire

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation.

article thumbnail

Survey: Cluttered Yards and Neighbors’ Junk Can Slash Home Values

Appraisal Buzz

What if a neighbor is the clutter-collecting culprit—could the adjacent property take a home-value hit? A team of researchers for StorageUnits.com surveyed some 500 licensed agents to determine how clutter in and around a seller’s home, as well as the surrounding neighborhood, impacts a property’s asking price.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

article thumbnail

Are Home Buyers Regretting Their Purchase?

Cleveland Appraisal Blog

Another disadvantage of purchasing a home, sight unseen, is that the buyer may not be aware of the feel of the street, and external factors that may have an impact on the desirability of a home. Satellite imagery is a fantastic tool that can help see what is around a property. A home may not pass the smell test in person.

Buyers 243
article thumbnail

How a Home Value Comparative Market Analysis is Conducted

Appraisal Partners Blog

Imagine you’re ready to sell your home, but you’re unsure of its value. A home value comparative market analysis (CMA) is the answer. A CMA compares your property with similar homes that were recently sold. This helps you understand where your home fits in the market.

article thumbnail

Savvy real estate agents look beyond ChatGPT

Housing Wire

Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. The good news is that the early adopters will thrive.

article thumbnail

What is the Difference Between Assessed Value and Market Value?

Lamacchia Realty

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.