As a real estate agent, I need to clearly illustrate to potential sellers how their property's condition and needed updates affect its market value, so they can set realistic price expectations.
Existing solutions require manual data gathering and separate processes to compile pricing data, renovation costs, and estimates, making it time-consuming to present a comprehensive, data-backed analysis to sellers.
Workarounds Described
- manually doing a CMA for the property
- estimating each major system cost ($15,000 each for HVAC, electric, plumbing) based on rule of thumb
- calculating kitchen ($15-20k) and bathroom ($3-5k) update costs manually
- having a GC walk the property to provide an estimate
- presenting the data verbally or in separate documents to level set expectations
Implied Software Gaps
- A tool that automatically compiles CMA data and renovation cost estimates into a single report
- A platform that connects agents with local GCs for fast, standardized estimates
- A presentation tool that visually illustrates how deferred maintenance impacts sale price
HomeValue Pro
HomeValue Pro is a mobile app that helps real estate agents quickly generate a comprehensive pricing report for sellers by automatically pulling comparable sales data, estimating renovation costs per major system, and allowing integration with contractors for precise quotes. It transforms the CMA into a persuasive, data-rich presentation that sets accurate expectations.
- One-tap generation of CMA with local market data
- Cost estimator for major systems (HVAC, electric, plumbing) and kitchens/bathrooms based on local averages
- Contractor network integration for on-demand estimates
- Client-ready report with visual breakdowns of 'as-is' value vs. renovated value
Existing Solutions Mentioned
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