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Seller questions · Utah County

How Is My Home's Price Range Figured?

Short answer: A price range comes from comparable sales: similar homes near yours that sold recently, adjusted for size, condition, updates and lot. Utah is a non-disclosure state, so sale prices aren't in public records. Agents read them from the MLS, which is why online estimates in Utah can be off.

What goes into a home's price range?

Recent sales of similar homes close to yours. An agent picks the closest matches by location, size, age, bedrooms and bathrooms, then adjusts for differences such as a finished basement, updated kitchen, garage or lot size. Active and pending listings show what you're competing against right now.

Why a range instead of one number?

No two homes are identical, and buyers weigh features differently. A range shows where the comparable sales point, from a conservative price to a stretch price. Where you list inside it depends on your timeline and condition.

Why can online home value estimates be wrong in Utah?

Utah is a non-disclosure state. Sale prices are not recorded in public records, so automated estimates have less data to work with. Licensed agents see sale prices through the MLS, which gives a more grounded picture of what homes like yours actually sold for.

Does condition change my price range?

Yes, a lot. Two houses on the same street can sell far apart if one has a new roof and updated systems and the other needs work. That's why an honest range takes condition into account, and why it's worth seeing the as-is value next to the listed value.

Is a price range the same as an appraisal?

No. A price range is an agent's opinion of value based on comparable sales. An appraisal is a formal valuation by a licensed appraiser, usually ordered by a buyer's lender.

How do I get a price range for my home?

Answer a few questions about your home and request a price range. You'll hear back within 24 hours with the range and a side-by-side of selling as-is vs. listing. Local data by city is on the areas we serve page.

Get my price range

Sources

General information for Utah homeowners, not legal or tax advice. Price ranges we provide are opinions of value, not appraisals.

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