What Is Property Valuation? a Chicago Suburbs Guide
Property valuation is a formal estimate of what a home is worth on the market, and modern valuation draws on more than 47.3 million appraisals in the FHFA's public UAD dataset. The number you need still depends on who's asking and why, whether you're pricing a sale, arranging financing, or dealing with property taxes. You […]
Comparison Market Analysis Explained for Chicago Sellers
You're sitting at the kitchen table, and the agent has just slid a comparison market analysis across to you. You expected one number. Instead you got a price range, a grid of houses that don't look exactly like yours, and a lot of small adjustments that seem suspiciously subjective. That moment is where most sellers […]