Looking for your Benicia home value?
To calculate your Benicia Home Value we offer a free comprehensive Comparative Market Analysis (CMA) and a SCATTERGRAM that plots similar Benicia home values on a trend line. Our CMA‘s are manually created where we carefully hand pick similar Benicia homes.
While there is no harm in doing an automated online Benicia home value – they are inaccurate. In Solano County, by Zillow’s estimate 65% of homes with Zillow estimates are off by 5%, 84% are off by 10% and 93% are off by 20%. Benicia median home price is $502,500, so being off by 10% is over $50,000.
Curiosity, tax/estate planning, refinancing and selling your home are all good reasons for getting a professional Benicia home value.
Need an Accurate Value for Your Benicia Home?
Our team actually Hand-Pick homes that match your home’s attributes. We search our MLS and use similar search criteria as an appraiser might use in a home valuation for a lender: +/- 20% of your homes sqft, similar beds and bathrooms, +/- 15-20% lot size and similar year built and sold properties during the last 6 months 1/2 to 1 mile radius of your home. We also consider current active, contingent and sold properties because they become relevant when they close. Lastly we evaluate other comp factors such like average list price, average sold price, days on market, median list and sold price and dollars per sqft.
After we select the best comps to use we plot them on a scattergram as seen below. The scattergram plots the homes on a trend line using price and sqft as a factor. We then plot a vertical line that represents your home’s sqft and suggest a value range of your home’s value as seen in the example below.