Can I remove the HomesEstimate while I'm selling my home (it should be higher)?
No. If you feel that your HomesEstimate does not accurately capture the value of your home, we suggest you provide us with a formal valuation and we will update the HomesEstimate.
If you have received a recent comparative market analysis (CMA) from a Real Estate Agent or a formal valuation report, you can help us improve the accuracy of your HomesEstimate. To do this to your home, follow these simple instructions.
Related Articles
What is the HomesEstimate?
The HomesEstimate valuation is our estimated market value, computed using a proprietary formula. It is not a formal valuation. It is a starting point in determining a home's value. The HomesEstimate is calculated from data available to homes.co.nz, ...
Will the HomesEstimate ever change?
Yes. A team of statisticians are constantly working to make the HomesEstimate more accurate. Homes.co.nz is continually updating the approach used to estimate the value of your home, and any new sales or property information is used to update and ...
What's in the HomesEstimate Formula?
We use proprietary automated valuation models that apply advanced algorithms to analyse our data to identify relationships within a specific geographic area between this home-related data and actual sales prices. Home characteristics such as house ...
Why should I claim my home on Homes.co.nz?
Once you claim a home on homes.co.nz, you can: Get more data for your property Understand the days to sell and median sold price for properties like yours so you know what's happening in the market. Track your home’s value Stay informed about the ...
My HomesEstimate is too low or high?
The HomesEstimate is a starting point in figuring out the true value of a house. The amount of data we have for the house affects the HomesEstimate accuracy. Price history and property facts: Check to see if your price history (the sale price and ...