Zoocasa has recently announced a new feature called Zoopraisal, a new feature that in my opinion will come to benefit a lot of homeowners and homebuyers.
Zoopraisal allows Canadians to get online home price estimates for the first time. What makes Zoopraisal even better is the fact that it only takes three simple clicks to get your home estimate. Zoopraisal is the first tool to allow Canadians to estimate a house’s value online.
Zoopraisal is the newest tool we will be seeing in a long line of new tools and services to support consumers in their home search process.
With Zoopraisal at your disposal you now have access to information that has been coveted by real estate agents; who have used the data to their advantage when gaining clients. I am in no way arguing the value of a real estate agent; I do believe their experience in their field s a huge asset when selling a home.
How does Zoopraisal Work?
Zoocasa has partnered with Centract Settlement Services; with this partnership users will have information available to them through Zoopraisals, making their home estimates accurate.
In order to use Zoopraisals, users will need to input the location of the home, and additional information . The additional information includes the number of bedrooms and bathrooms the house has, the living area size, lot size and the year the house was built.
Now I am sure many you might be thinking about the additional work you may have done to your house, such as landscaping, or changing your countertops to granite. Zoopraisals does not take that information into account. Regardless of those missing details, with the information you put into Zoopraisal, you are able to get a good estimate of your house value.
That being said, it was explained that Zoocasa will continue to evolve Zoopraisals; in the future we could see it taking all of these home improvements into account allowing you to get an even more accurate home estimate.
One part I like about Zoopraisal is that you do not even need to enter your own home; you can have some fun and determine the pricing of various homes whenever you want.
How do I use Zoopraisal?
Now, the fact that it takes only 3 clicks to get your home estimate was not a joke. It really is 3 clicks, however you need to input a bit of information throughout those 3 clicks to get your home estimate. Personally, it took me about 20-30 seconds to get my Zoopraisal – and that include the amount of time it took to enter my information into the fields.
As you can see, you first need to enter the address of the home your want to be appraised.
From there you need to select the style of the property of the location; you have a choice between “Side Split”, “Bungalow” and “2 story”. There are options for “Condo” and “Townhouse”, however it is currently greyed out, which tells me that those choices should be in at some point in the future.
At this step you need to enter the property details. This includes the number of bedrooms and bathrooms the house has, the living area size, lot size and the year the house was built. Once you finish you just need to click “Get Zoopraisal”.
It was an easy process, and in the end I have an estimated value of the house I was interested in. As you can see above, Zoopraisal also offers you their pricing range for the requested property, giving you an idea of what your low and high pricing values might be.
Zoopraisal is definitely a game changer in today’s real estate industry. Homeowners can now get an estimate of their home, and of other properties in their neighbourhood to come up with a better estimate of their own home.
I for one like what I am seeing from Zoopraisals, and if this is just the first of many new tools Zoocasa has to offer, I cannot wait to see what else they bring out to consumers.
Take a few minutes out of your day and play around with Zoopraisal, I am positive you will have fun estimating house prices.
What do you think of Zoopraisals?