Q:

What is the Chase Home Value Estimator?

A:

Quick Answer

The Chase home value estimator is a tool on the Chase Bank website that provides free value estimates of homes for people interested in selling their home or buying one. The estimator uses home records in its database to come up with the value estimation.

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Full Answer

Site visitors can type in an address, street, city, state and ZIP code to use the estimator. After clicking Get Value, the result displays a photo from above of the property, if available, as well as a value range of what the property is worth. A tool on the right side of the screen shows how the value changes if various features are added or subtracted, such as bedrooms, square footage and year the property was built. It is possible to estimate how improvements such as adding a bedroom affect the property value.

The bottom of the screen lists nearby properties, when they last sold, and the amount of the sale. The list also explains if the properties are single-family homes, multifamily homes, condos or manufactured homes. A disclaimer points out that the valuations come without guarantees and do not amount to appraisals or underwritings. The map of the neighborhood can be modified to show a road view, aerial view or bird's eye view. Users can print their results or have them emailed.

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