Q:

How can you find out your home's market value for free?

A:

Quick Answer

Navigate the Chase.com, RedFin.com or Zillow.com websites to enter an address and find the associated market value of the property. Each service uses a proprietary formula and does not represent an official appraisal.

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Full Answer

The Chase website offers a home value estimator to obtain a free estimated market value of a property. Visitors can enter a city and state or zip code to obtain a quote representing a price range associated with the value of the respective property. The software utilizes map technology to plot the searched property in its specific area.

RedFin also offers a home value estimator that provides a map view of the associated property, notes the RedFin website. The service offers details associated with a property such as year built, square footage, nearby locations and market value estimate. A listing of similar properties in the area along with their associated values is also available.

The Zillow website also has a search feature to enter an address and view the associated property value, lists the organization's website. Estimates for similar recently sold properties are also available. Public and user-submitted data are two factors impacting the market valuation. Appraisers utilize special features, location and market conditions to determine a home's value.

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