Property Valuation Tool

It's the same method licensed appraisers and listing agents use as a starting point: take 3+ recently sold homes that are similar to your subject in size, layout, age, and location, derive a price-per-square-foot for each, average them, and apply that figure to your subject's square footage. It's the most defensible quick valuation method when you have decent comps.

Ideally within the last 3–6 months in a stable market, and within 30–60 days in a fast-moving one. Older sales reflect a different rate environment and buyer pool. If you have to stretch beyond 6 months, expect lower accuracy and adjust upward or downward for the price trend in your submarket.

On purpose. The comparable-sales method assumes you've already screened comps to be similar in layout, that's why we ask for beds and baths on each comp. The valuation works on $/sqft, which already implicitly prices in layout. If your subject is materially different (e.g., 2 beds vs. 4-bed comps), the result will be unreliable; pick better comps.

No. This is a quick estimate suitable for screening listings, prepping for an offer, or sanity-checking a Zestimate. A formal appraisal involves a physical inspection, condition adjustments, and market-by-market overlays a calculator can't replicate. Use this to ballpark; use a licensed appraiser for anything that affects financing or legal value.