Measuring and Monitoring the Value of Your Home
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Frequently Asked Questions

What is HouseAmerica?

HouseAmerica is a service that helps consumers track the value of their home or other real estate online.

Where do you get the data used to calculate home values?

HouseAmerica gathers and analyzes information from various public records maintained by local, state and federal agencies and takes recent neighborhood sales into consideration.

Why are neighborhood sales considered in a house valuation?

Neighborhood sales are a prime influence on current house value. As the value of comparable houses in the neighborhood changes, it directly impacts the value of other houses in the same neighborhood.

Is the valuation you provide a Comparative Market Analysis (CMA)?

No. A CMA is an informal market value estimate prepared by a real estate agent or broker based on the agent’s or broker’s personal knowledge of a particular area. This approach is often used to determine a listing price when a homeowner lists a house for sale. The accuracy of a CMA can vary greatly depending on the expertise of the one preparing it.

Is the valuation you provide an appraisal?

No. Appraisals are prepared by licensed real estate appraisers and usually include an onsite physical inspection. Appraisals typically cost between $250 and $500.

What information is included in a HouseAmerica valuation?

A HouseAmerica valuation includes details on the subject property, as well as any other recent sales including—when available—selling price, date sold, square footage and age. The location of recent sales is identified on an interactive map. Then, using state of the art valuation techniques, HouseAmerica calculates a current valuation of the subject property.

How often is information on HouseAmerica valuations updated?

New information could be available weekly, so check back often to see if your house valuation has changed.

Why is there no information available for my area?

We rely on public records for part of the information used to calculate a house valuation. In some areas, there is limited information available. In non-disclosure states or under certain circumstances, it is possible that no information is available.

The valuation on my own home seems way off. Why would this be?

A HouseAmerica valuation is limited by the accuracy and amount of information available to us. For some counties, we have ample data and the valuation will be more accurate. For other counties, the available data may be more limited and the HouseAmerica valuation will be less accurate. If no data is available, we cannot calculate a valuation.