Property values can differ on different sites, as there is not a single right answer. Estimations are used in various ways, such as for purposes of getting a loan or to sell. Each individual Home Valuation Model takes into account specific assumptions about the condition of the home, statistics from other sales in the area, etc. that will make the end estimates differ. In reality, there is no single “true” home value but rather a range a home is worth at any given time based on the features and condition of the home and market conditions. As a result, home value estimates based on home valuation models may provide different estimates at different points within this range depending upon how quickly each individual model incorporates new information (home sales). Last, we have no vested interest in telling you whether your home is worth more or less than it actually is, which is not the case with many online providers for home value estimates. SoFi is committed to providing you with the most unbiased perspective possible and is specifically aiming to replicate how your home will be viewed from a lender's perspective.
Keep in mind these values are only estimates of your home’s current market value and should be used as a starting point. Always hire a professional appraiser or licensed real estate agent to get the most accurate market analysis for your home before buying or selling.