Digital valuation or expert opinion – how to find the true value of your property

Get a property valuation in seconds – many online portals advertise free instant valuations. But how accurate are these figures really? There's often a big difference between databases, comparison algorithms, and actual market knowledge. This article shows where online tools are helpful, where they reach their limits – and why the trained eye of a real estate agent makes all the difference.

Algorithm or experience: How online reviews really work

Online valuation tools access vast amounts of data to estimate a property's value based on location, size, year of construction, and features. This data typically originates from past sales, appraisal committees, and regional market analyses. The result appears quickly—and at first glance, conveys a seemingly objective assessment. However, in reality, the algorithm relies on average values. It cannot fully capture current trends, nor emotional, qualitative, or individual factors. Thus, exceptional architecture, the precise micro-location, or the property's condition are often overlooked.

An algorithm can calculate a lot – but it can't see, feel, or assess how a buyer actually reacts. Especially in a constantly changing market, the data sets of many online portals quickly become outdated. This leads to the reported values ​​often being too high or too low, and therefore hardly suitable as a basis for a sales decision.

When numbers don't tell the whole story: Why the real estate agent makes the difference

Experienced real estate agents don't just rely on tables and key figures for their valuations; they use a trained eye for detail. They recognize what features are currently in demand, the level of local demand, and the emotions a property evokes in potential buyers. Legal and structural aspects, such as modernizations, energy efficiency, and expansion potential, are also factored into the valuation.

Another advantage: The real estate agent knows the actual market – not just the theoretical one. They know how prices develop during viewings, when a bidding process makes sense, and when patience is required. No algorithm can replace this experience. This results in a valuation that reflects not just the statistical value, but the achievable selling price.

The best way: Combine online tools and expert knowledge

An online valuation can be a good first step to get a feel for the market. It provides a rough guide and shows the price range of similar properties. However, anyone who wants to know the true value of their property should take the next step: a personal valuation by an experienced real estate agent.

The key lies in the combination – the data provides the framework, the real estate agent brings it to life. Only this combination creates a price that is realistic, transparent, and competitive. So, anyone who wants to know not just what an algorithm calculates, but what buyers are actually willing to pay, relies on expertise rather than chance.

Have you already received an initial online valuation? Then let's work together to find out what your property is really worth. Contact us – we combine data with experience to determine a price that will stand the test of the market.

Notes

For the sake of readability, this text uses the generic masculine form. Female and other gender identities are explicitly included where relevant to the statement.

Legal notice: This article does not constitute tax or legal advice for any specific case. Please consult a lawyer and/or tax advisor to clarify the facts of your individual situation.

Photo: © Wordliner/Image created with OpenAI's Sora

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