What Could Your Northland Home Sell for
in Today's Market?
Automated estimates use the data available to them and may not reflect condition, renovations, lot differences, micro-location, or current competition. A property-specific CMA reviews those factors alongside recent nearby sales.
The eXp tool opens on a separate site and provides an automated estimate. A CMA is a separate, property-specific analysis and is not an appraisal or a guarantee of sale price.
Automated Estimate vs.
Property-Specific CMA
Automated Estimate
- Uses the records and modeled data available to the provider
- May not reflect current condition or renovations
- May treat lot, street, and micro-location differences broadly
- Provides a useful starting point, not a transaction guarantee
Comparative Market Analysis
- Reviews relevant recent nearby sales
- Accounts for available property details and condition
- Considers current listings and competition
- Frames a pricing conversation; it is not an appraisal
Five Numbers That
Are Not the Same
Market Value
An opinion of what informed buyers and sellers may agree to under current market conditions.
Assessed Value
A value used in the county property-tax process. It serves a different purpose than a CMA.
Appraised Value
An appraiser's opinion prepared for a defined purpose, often connected to lending.
List Price
A marketing decision informed by the property, goals, evidence, and competitive position.
Sale Price
The price agreed in a specific transaction, together with its terms and concessions.
What a CMA
Can and Cannot Do
A CMA compares available market evidence with property-specific details to help frame a pricing conversation. It is not an appraisal and cannot guarantee a list price, sale price, or time on market.
Send the property details you have. Mike will confirm what else is needed and explain the next step.
Start With the Property Details
Start with the eXp automated estimate, or request a property-specific conversation using recent nearby sales, condition, lot differences, and current competition.