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Why Online Home Values Can Be Misleading

  • Writer: Melissa Herdman
    Melissa Herdman
  • 12 minutes ago
  • 2 min read

Ever typed your address into an online home-value site and thought, “That seems high…or maybe low?” You’re not alone.


Those numbers are fast, look official, and seem easy to trust — but they’re often wrong. Not because the technology is bad, but because homes — and buyers — are far more nuanced than an algorithm can capture. Pricing a home is both an art and a science, and online tools usually miss the art piece.


Homes Aren’t Just Numbers

Online tools rely on stats: square footage, bedroom count, and recent sales. But homes aren’t identical. Algorithms can’t see:

  • How clean or updated a home is

  • Backyards with trees vs. another house next door

  • Layouts that just work

  • The emotional appeal that often drives price


Condition and Location Matter

Two homes with the same numbers can sell very differently depending on condition and location. Buyers notice immediately if a home feels move-in ready, well cared for, or strategically located — things an online estimate simply can’t measure.


Markets Change Fast

Online values are based on past sales. Real markets move in real time — interest rates shift, buyer demand rises or falls, and inventory changes. The right price depends on today’s buyers, not last season’s numbers.


Price Is a Strategy, Not a Number

There isn’t one “right” price. The best price depends on timing, competition, and your goals. Algorithms don’t make strategies — experienced local professionals do.


The Bottom Line

Online estimates can be a helpful starting point, but your home deserves more than a quick guess. Real pricing considers your home, your neighborhood, today’s market, and what you want to achieve.


Curious what your home is really worth? I’d be happy to have a no-pressure, honest conversation. Because pricing a home isn’t about a number on a screen — it’s about making confident decisions.

 
 
 

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Melissa Herdman

Kirk & Cobb Realtors

2810 Southwest Gage Boulevard

Topeka, KS 66614 USA

535 Market Street

Osage City, Kansas 66523

Direct - (785) 250-7020

Fax - (785) 273-7536

Email - melissa@melissaherdman.com

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