What's Your Home Worth?
Get your home's market value in minutes — no obligation, no pressure.
Trying to figure out what your Chicago home is worth? You're not alone. Homeowners spend thousands on appraisals, but there's a faster, smarter way: a Comparative Market Analysis (CMA).
In this guide, I'll walk you through how we calculate your home's value—and why it matters way more than you think.
How We Value Your Home
A CMA isn't magic. It's data-driven.
Here's what we do:
1. Find Comparable Properties
We locate 5–7 homes similar to yours that sold recently in your neighborhood (usually within the last 6 months). We look at square footage, bedrooms & bathrooms, condition (renovated vs. needs work), days on market, and final sale price.
2. Adjust for Differences
Your home isn't identical to the comps. Maybe your kitchen is newer, or theirs has a garage. We adjust the comparable prices to account for these differences.
3. Calculate Your Range
Based on the adjusted comps, we give you a realistic range for your home's value. Not a guess. Data.
What's Included in Your Free Valuation
When you request your CMA, you'll get:
5–7 recently sold homes in your area with sale prices, days on market, and key features
Are prices going up or down in your neighborhood? How long are homes sitting on the market?
Your home's estimated market value + conservative and aggressive pricing options
If selling: pricing strategy + timeline. If investing: rental income potential.
Example: How a CMA Works
Let's say you own a 3-bed, 2-bath condo in Lincoln Park.
Comparable Properties (Recent Sales)
- 3BR/2BA condo on Clark St → Sold for $850k (35 days)
- 3BR/2BA condo on Fullerton → Sold for $875k (42 days)
- 3BR/2BA condo on Diversey → Sold for $825k (28 days)
- 3BR/2BA condo on Armitage → Sold for $860k (38 days)
- 3BR/2BA condo on Sheffield → Sold for $840k (31 days)
Market Adjustment
- Your condo has a renovated kitchen +$20k vs comps
- Your condo is on a corner lot +$15k
- Your building has newer amenities +$10k
- Total adjustments: +$45k
Your Estimated Value Range
Conservative (sell in 30 days): $850k–$870k
Aggressive (hold out for top price): $880k–$900k
Bottom Line: List between $850k–$900k depending on your timeline.
Why CMA Matters More Than You Think
Overpricing is the #1 home-selling mistake.
Home that's listed too high: Sits on market longer (days add up). Receives fewer offers. Price drop happens anyway (looks desperate). You lose months + thousands in carrying costs.
Underpricing is leaving money on the table.
Home that's listed too low: Sells fast (looks hot). But you're out $20k–$50k+ in equity. Can't undo it once sold.
A CMA gets it right the first time.
Ready to Know Your Home's Value?
Get your free Chicago CMA in minutes. No obligation. No pressure.
Get Your Free ValuationHave questions? Call me directly at (773) 949-4374 or reply to this email.