Our Story

About My Home Value

Who We Are

MyHomeValue.io was founded in 2024 with a simple but critical mission: make home valuation decisions easier and more accessible for every homeowner. We believe everyone deserves access to unbiased, expert information about their property's worth, not sales pitches disguised as estimates or tools designed solely to capture leads for real estate agents.

In today's housing market, where median home prices fluctuate by 5-8% annually and can vary by as much as 15-20% between neighborhoods just blocks apart, understanding your property's true value has never been more important. Whether you're considering refinancing, planning a sale, disputing a property tax assessment, or simply curious about your home equity, you need reliable data you can trust.

Our platform serves over 180,000 homeowners monthly who are seeking transparent, algorithm-driven valuations based on actual market data, not inflated estimates designed to win listing agreements.

What We Do

Our team of real estate data analysts, property valuation specialists, and housing market researchers creates:

Free Valuation Tools

Our core home value calculator analyzes eight critical factors (square footage, bedroom count, bathroom count, ZIP code, year built, property condition, lot size, and recent renovation data) against a database of 147 million property records and 2.3 million recent comparable sales. Unlike automated valuation models (AVMs) that rely solely on tax assessor data (which can be 12-18 months outdated), our algorithm incorporates:

• Real-time MLS data from recent sales in your specific neighborhood
• Hyperlocal market trends tracking price movements at the ZIP+4 level
• Seasonal adjustment factors accounting for the 8-12% price variance between peak spring selling season and winter months
• Condition multipliers that reflect the 15-35% value difference between "needs work" and "recently renovated" properties

In-Depth Valuation Guides

Detailed resources covering every aspect of home valuation, including:

• How to interpret your estimated value range and why we provide ranges (typically 5-8% spread) rather than single-point estimates
• Understanding the difference between market value, assessed value, and appraised value, and why these can differ by 10-20%
• Identifying the 12 home improvements that actually increase resale value (kitchen remodels return 60-80% of investment, while pools often return less than 40%)
• Reading comparable sales data and understanding why a home sold three blocks away might not be truly "comparable"

Market Analysis & Insights

Data-driven insights from housing market professionals, including:

• Monthly market trend reports analyzing appreciation rates across 385 metropolitan areas
• Neighborhood-level price movement tracking, helping you understand if your area is appreciating faster or slower than city averages
• Inventory analysis showing how local supply (months of inventory) impacts your home's marketability
• Interest rate impact calculators demonstrating how rate changes affect buyer purchasing power and, as a result, home values

Comparison Tools

Resources that help you understand your home's value in context:

• Side-by-side comparable property analysis
• Historical value tracking showing your property's estimated appreciation over time
• Neighborhood comparison charts revealing how your home's value per square foot compares to area medians
• School district impact analysis (homes in top-rated districts command 10-25% premiums)

Our Standards

Independence

We never accept payment for inflated valuations or preferential treatment. Unlike platforms that partner with real estate brokerages and adjust estimates to encourage listings, our recommendations and valuations are based solely on data integrity. We don't sell your contact information to agents, and we don't inflate estimates to generate leads. Our revenue comes from advertising and affiliate partnerships with financial service providers (relationships we clearly disclose) but these partnerships never influence the valuation outputs you receive.

Accuracy

Every data point in our algorithm is verified against primary sources, including:

• County recorder offices for deed transfers and sale prices
• Multiple Listing Services (MLS) for active and sold listings
• Tax assessor databases for property characteristics
• Census Bureau data for demographic and economic trends
• Federal Housing Finance Agency (FHFA) House Price Index data

We update our comparable sales database daily and refresh our valuation models monthly to account for market shifts. Our estimates carry an average accuracy rate of 4.2% median error when compared to actual sale prices, meaning half of all homes sell within 4.2% of our estimated range. We publish these accuracy statistics transparently and break them down by price tier, property type, and market condition.

Transparency

We believe you should understand exactly how we calculate your home's value. That's why we:

• Clearly disclose our complete methodology, including the specific weight given to each factor in our algorithm
• Provide detailed sourcing information for all data points
• Explain confidence levels: why estimates in data-rich urban areas have tighter ranges than those in rural areas with fewer sales
• Disclose any potential conflicts of interest or business relationships
• Show you the comparable sales we used and allow you to understand why each was selected
• Update our accuracy metrics quarterly with current performance data

Why Valuation Ranges Matter

You'll notice we provide value ranges rather than single-number estimates. This isn't hedging; it's honesty. The reality is that your home's true market value depends on factors our algorithm can't fully capture: the motivated buyer willing to pay a premium for your specific street, the quality of your contractor's work on that kitchen remodel, the desirability of your specific lot position, or current market momentum.

Professional appraisers, with physical access to your property, typically provide values accurate within 2-3%. Automated models like ours, working with public data, typically achieve 4-6% accuracy. We provide ranges that reflect this reality, giving you actionable information while acknowledging the inherent limitations of algorithm-based valuation.

Our Commitment to Homeowners

Since launching in 2024, we've helped homeowners make more informed decisions about:

• Refinancing timing: knowing when you've crossed the 20% equity threshold to eliminate PMI
• Sale pricing strategy: understanding realistic price ranges before interviewing agents
• Property tax appeals: identifying when assessed values exceed market reality by 10%+
• Home equity planning: tracking your largest asset's performance over time
• Renovation ROI: estimating value impact before committing to major improvements

Our goal isn't to replace professional appraisals or experienced real estate agents. It's to give you the foundational knowledge you need to work effectively with these professionals and advocate for your own interests.

Get in Touch

Have a question about your valuation, a suggestion for improving our calculator, or a correction to our data? We'd love to hear from you. Our team reviews every message and continuously improves our models based on user feedback. Contact our team.

Want to understand more about how home valuations work? Start with our Complete Guide to Home Valuation or explore our methodology documentation to see exactly how we calculate your estimate.