As the largest city between Pensacola and Tallahassee, Panama City is one of the best places to invest in real estate. Its local economy and housing market are supported by two military bases and tourism. With more than 36,000 people currently living there, there’s an abundance of data to learn the value of any house by ordering our comparative market analysis-based U.S. Home Value Report.
Find Out the Value of a Panama City Home
For residential property with a maximum of two family units.
Single-Family Homes • Condominiums • Townhomes • Duplexes
Panama City Appraisal Emulations
U.S. Home Value Reports are available to real estate investors, homebuyers, and homeowners that want to learn how much a house is worth without having to interact with a real estate agent or spend hundreds of dollars on an appraisal. Our real estate CMA-based report is intended to estimate or emulate how much a Panama City appraiser would likely value a particular subject property.
We Estimate Home Values in the Following Areas:
Neighborhoods: Baldwin Rowe, Bayou Estates, Bayside, Bayview, Bayview Heights, Bream Pond, Bunkers Cove, Bylsma Manor Estates, Callaway Corners, Callaway Forest, Callaway Point, Caroline, Cedar Creek At Deerpoint Lake, Cedar Grove Commerce Park, Cedars Crossing, Chandlee, Cherokee Heights, Cove Pointe, Cove Terrace, Creek Hollow Estates, Drummond & Ware, Dune Creek Crossing, East Bay Plantation, Econfina Estates, Emerald Coast Yacht Club, Emmons, Forest Park, Forest Walk, Garden Cove, Glenwood, Grove Hill, Gulf Coast Dev, Harmon, Hawks Landing, Hentz, Highland City, Highpoint Preserve, Keiths, Kings Point, Kings Point Harbour, La Paloma On The Water, Laird Bayou, Laird Point, Lake Drive Heights, Lakewood, Lincoln Park, Meadowbrook Estates, Northshore, Oakland Terrace, Old Orchard, Osprey Cove, Pinecrest, Pretty Bayou Estates, Rachels Landing, Riverside, Robindale, Sandy Creek & Country Club, Sandy Creek Ranch, Segler, Sherwood, St Andrews Bay, Stokes Farms, Sudduths, Sweetwater Village, Tidewater Estates, Venetian Villa, Ware Estate, Washington Heights, Welch, White Oak, Woodlands Estates, and Woodmere.
Zip Codes: 32041, 32406, 32402, 32412, 32404, and 32405.
Panama City Property Appraisal Resources
Real Estate Appraiser Licensee Search
Real Estate Agents
Our Appraisal Emulation Process
Each U.S. Home Value Report is produced by a highly skilled valuation processor that manually researches and assesses the market value of your subject property. Because our reports are performed by experienced professionals – as opposed to algorithms relying invalid living areas and property characteristics – this enables us to maintain a low margin of error. Here’s an overview of our process:
Step 1. Property Questionnaire
The first step involves asking if any improvements have been made or if there are any significant repairs needed. Adding a new bedroom or failing to update an old kitchen could have a substantial impact on a home’s value.
Step 2. Subject Property Research
Using a number of private and government resources, our processor will retrieve all of the relevant data about the subject property, including its living area, rooms, lot, amenities, etc.
Step 3. Comparable Properties Search
In order to perform the next step, a comparative market analysis, our processor must locate a minimum of five comparable properties known as “sales comps.” These are homes that have recently sold in the local area that share similar characteristics with the subject property.
Step 4. Comparative Market Analysis
The second to last step requires a valuation processor to perform a comparative market analysis (also known as a real estate CMA) by analyzing each comparable property and comparing it against the subject property to formulate an opinion of its estimated value.