What Is My Home Worth?
Online estimates can't see inside your home. Here's how a real CMA works — and what actually determines your home's value in today's market.
Get Your Free Dallas Home Valuation
This instant valuation tool gives you a data-driven starting estimate in seconds. Our team then personally refines it into a full Comparative Market Analysis. No cost, no obligation.
Why automated home valuations miss the mark in Dallas
Valuation Quick Facts — Dallas
- Zestimate Median Error, Off-Market Homes: About 7% nationwide (per Zillow)
- CMA Data Source: NTREIS MLS (same as buyer's agents and appraisers)
- Comp Window: Typically the past 90 days, within 0.5 miles
- Current Prices & Days on Market: Live MLS reports by neighborhood
- Cost of Our Valuation: Free, no obligation
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Zillow, Redfin, and similar tools calculate estimates from public tax records and recent sales data — they cannot see inside your home, do not know about your remodeled kitchen, and cannot account for the difference between backing to a greenbelt versus a busy road two blocks apart. In Dallas, where neighborhood micro-dynamics shift dramatically from block to block, that matters. By Zillow's own published figures, the Zestimate's nationwide median error for homes not listed for sale is about 7% — roughly $35,000 either way on a $500,000 home.
A Comparative Market Analysis (CMA) from the Ged Dipprey Real Estate Group uses the same NTREIS MLS data your future buyer's agent will pull — adjusted for your home's actual condition, upgrades, position on the lot, and what comparable homes are actively competing for buyers right now.
Six Factors That Drive Your Home's Value
Location & Micro-Location
Two homes on the same street in Dallas can differ by $100K+ based on lot position (corner, cul-de-sac, backing to a busy road), proximity to schools, and the direction the home faces. Automated tools treat location as a zip code — our team treats it as a block-by-block analysis.
Condition and Upgrades
Updated kitchens, bathrooms, and primary suites directly move the needle. Buyers pay a premium for move-in-ready homes — and heavily discount those needing work. Our team advises on which improvements yield the strongest return before listing.
Recent Comparable Sales (Comps)
The most weight goes to homes that closed in the past 90 days, within 0.5 miles, with similar square footage, bed/bath count, and lot size. Our team pulls comps directly from the NTREIS MLS — the same source appraisers use.
Days on Market and Listing History
A home that has sat on the market — especially one with price reductions — carries a stigma that suppresses its eventual sale price. Buyers research listing history. Pricing right the first time consistently produces better outcomes.
Current Active Competition
Buyers compare your home against active listings right now. If three comparable homes are listed at $450K and yours is at $480K, buyers will tour the others first. Our team prices against active competition, not just past sales.
Absorption Rate
How quickly are homes selling in your neighborhood right now? A 1-month supply means sellers have leverage. A 6-month supply means buyers do. Our team checks current absorption rates before recommending a list price.
Home Valuation — Frequently Asked Questions
How accurate is Zillow's Zestimate for Dallas homes?
By Zillow's own published figures, the Zestimate's nationwide median error for homes that aren't listed for sale is about 7% — roughly $35,000 either way on a $500,000 home. The algorithm cannot account for your home's specific condition, recent renovations, lot position, or neighborhood micro-dynamics. An agent CMA using NTREIS MLS data is significantly more accurate.
How do you determine my home's value?
Our team prepares a Comparative Market Analysis (CMA) by pulling the 5–8 most comparable recent sales from the NTREIS MLS, adjusting for differences in size, condition, lot, upgrades, and location. The CMA also includes active competition (what buyers are comparing you against right now) and a current absorption rate to gauge market direction.
Does a home valuation cost anything?
No. Our home valuations are free with no obligation. The goal is to give you an accurate picture of what your home is worth today — whether you're planning to sell soon, refinancing, or just curious.
What is the difference between a CMA and an appraisal?
A CMA (Comparative Market Analysis) is prepared by a real estate agent using MLS data and is used to determine list price. An appraisal is prepared by a state-licensed appraiser and is required by a lender to confirm value before funding a loan. Both use comparable sales, but appraisers follow a more formal methodology and their reports carry legal weight with the lender.
Prefer to Talk It Through?
Some sellers want a number first; others want to walk through their specific situation before anything else. If that's you, our team is happy to skip straight to a conversation — no form required.