What Drives the Number
Four property details do most of the work: bedrooms, bathrooms, finished area and year built. Bōde's valuation model uses them to find sold homes like yours and to adjust each sale price for the differences. If any of them is wrong or missing, the comparables are wrong too, and the dashboard lists the missing ones beside Edit Details. See How does Bōde estimate what my home is worth?
Reading the Range and the Confidence Percentage
| What you see | What it means | What to do |
|---|---|---|
| A narrow range and a high confidence percentage | Many similar, recent sales nearby with prices that agree | Use the Estimated Value as a reliable figure |
| A wider range or a lower percentage | Fewer similar sales, or a wider spread of prices | Check your property details and ask Bōdie to walk you through the comparables |
| Not enough data | Details are incomplete or there are too few similar sales | Complete your property details in Edit Details |
How to Improve Your Estimated Value
- Open your Homeowner Dashboard and select Edit Details.
- Check the basics first: property type, bedrooms, bathrooms, half baths, finished levels, finished area, year built and lot size. Then add what you can under Recent activity, Interior, Exterior and Photos. If nothing has changed, select Mark all as current. Select Save Changes; the model re-runs whenever you save.
- Under the Estimated Value, select Does this look wrong? Tell Bōdie. This starts a Value Check: Bōdie asks for what the data can't see, such as a finished basement, a renovated kitchen, a garage or the home's condition, saves it to your property record, re-runs the estimate and tells you what changed.
You can do this at any time, not just once.
Why Bōdie's Number Can Differ From the Dashboard
If you ask Bōdie in conversation what your home is worth, it works from its own set of comparables and the details you give it in the chat. The figure on your dashboard is the Estimated Value from Bōde's valuation model. They usually agree closely, and when they don't, the comparables each one used explain the gap.
When the Estimate Is Still Off
Some homes are hard to value from sales data alone: a large lot in a neighbourhood of small ones, an unusual layout, a home in a municipality the model doesn't cover. In those cases:
- Ask Bōdie to walk through the comparables: Which comparable sales were used for my Estimated Value, and do they fit my home?
- If you're preparing to sell, read How do I price my home? and consider a professional appraisal: Should I get a home appraisal?
Learn more about the Homeowner Dashboard.