When looking at your home values it is important to look at the big picture, not just 1 value. That is why we bring in the best data from the largest value providers in the nation.
You know your property better than anyone. That is why we give you custom engagement tools so you can adjust your values to match your property.
Knowing your value is the first step. We also connect you to the best listing options so that when you are ready you have solutions that fit your needs.
Our online algorithms can predict your home’s current value with far greater accuracy by collecting market data from multiple trusted sources and connecting you with a licensed Realtor to verify the accuracy.
Instantly receive a detailed home analysis report to understand all your options as a homeowner, including the true cost of selling a home in todays market.
Gain free access to your personalized myhomeIQ portal and stay informed of any changes to your home that can help you build your wealth.
Outside of providing a place for your family to live, your home is an important part of your financial plan, too.
Here’s why it matters:
Over time, your home should theoretically increase in value. When your home increases in value, your net worth increases. If you sell your home later, you will make money on your investment.
“If you are within 3 years of selling your home, you will want to keep tabs on the value and the real estate market in hopes that you can sell at an opportunistic time,” says Jose V. Sanchez, financial advisor and contributor to LifeInsuranceToolkit.com.
This is especially true if you ever wind up borrowing against your home’s value. If the value of your home increases significantly, you’ll have a lot more leeway when it comes to taking out a home equity line of credit, or HELOC to pay for expenses like a remodel, a car or education for your kids.
Finally, knowing your home’s value can be important when it comes to estate and elder law care planning as well, notes Joseph A. Carbone, Jr., CFP Founder and Wealth Advisor of Focus Planning Group.
“Keeping an eye on the market value and property tax assessment value is important so that you’re not paying tax on an artificially inflated property value by mistake, or vice versa,” says Minnesota Financial Advisor Jamie Pomeroy.
Don’t overlook the fact that knowing the value of your home is critical to making sure you have enough homeowners insurance coverage.