What is Homebot and where does the home value estimation come from?
Homebot’s data provided by Black Knight, a premier provider of data, residential analytics, and integrated technology. Their MLS service covers the majority of the U.S. and their advanced algorithms calculate the estimated values of what your home is worth. Homebot uses Black Knight’s data and public record data to provide home estimates. The values do not account for home renovations or home updates. Additional living space added is not reflected in the estimated AVM (Automated Valuation Model) value.
Added home improvements or to challenge Homebot’s estimated value, update the value using the “Tune Your Value” tool. Request an expert opinion directly through Homebot and a real estate agent will be in touch.