What is MyPropertyValue.com?

A computer generated residential real estate valuation tool that effectively mimics the decision process an appraiser makes in choosing and processing recent sales that are most similar to your property. It then makes adjustments tailored to your market area and sub-market criteria.

  There are a couple of other on-line home valuation programs available, what  makes this one different?
  1. The program was developed by a team of full time professional residential real estate appraisers.
  2. After in depth statistical analysis of every available automated valuation tool, we felt that most were not reliable enough or easy enough to understand. In response, we spent considerable resources to develop, test and refine ours in real world conditions.
  3. Our program is backed up by our network of professional working appraisers.
  4. You won't be subject to target marketing as a result of using our service. However, should you choose to be contacted, we would be happy to assist you with references of area professionals we feel are outstanding in their fields Go there.
  5. The program analyzes market data and "learns".  It updates by geographic area, sub-market and price tiers.   It will never be outdated or become obsolete. Indeed, it becomes better as a function of time.
  How come it's not free!
  1. We're not providing this service to build a list of "prospects" for marketers. All of your information is confidential.
  2. Nothing of value is really free. We welcome you to check out any of the "free" valuation sites. We're confident you'll be back.
  3. Your Satisfaction is Guaranteed!  If your report is lacking in either sufficient quantity of appropriate data (3 comparables minimum) or in sufficient quality of data from your market area, we'll provide you with personal help to obtain a valuation analysis for your property or we'll refund your purchase.  ** (see program limitations below)
  4. The program is especially useful in checking a property value to eliminate PMI Insurance.
 

Will my transaction be secure?

  1. Our transaction server is secured with Equifax Secure Site Encryption and Certification.
  2. We're not providing this service to build a list of "prospects" for marketers. All of your information is confidential.
 

What areas does MyPropertyValue.com cover?

Currently, the program is optimized for Northern Illinois Counties of: Cook, DuPage, Kane, Lake, McHenry, Will, and Kendall. You may also experience satisfactory results in: DeKalb, Kankakee, Boone, LaSalle, and Winnebago.

 

What are the limitations of the program? 

It works best with homes that are generally conforming for their neighborhood and area. Accuracy can  be compromised for unusual or atypical properties, over improved or overbuilt properties, those in poor condition, those in close proximity to factors that may adversely affect residential properties (water treatment plants, gas stations, factories, railroads, heavily traveled routes, etc.),  very high value properties (over $700K) , properties that are nearly fully depreciated (near the end of their economic lives) or properties with sites over 5 acres in size.  **  Although in many cases you may indeed receive an acceptable valuation, properties of these types are excluded from our satisfaction guarantee. **  We can provide professional appraisal service for those properties not covered under our satisfaction guarantee. Please contact our office for assistance. 630-587-8484.