As the most populous and largest municipality in Brevard County, Palm Bay is divided into four quadrants: Northwest, Northeast, Southwest, and Southeast. It has over 125,000 residents so there’s plenty of housing data to learn the value of any residential real estate by ordering our comparative market analysis-based U.S. Home Value Report.
Find Out the Value of a Palm Bay Home
For residential property with a maximum of two family units.
Single-Family Homes • Condominiums • Townhomes • Duplexes
Palm Bay 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 Palm Bay appraiser would likely value a particular subject property.
We Estimate Home Values in the Following Areas:
Neighborhoods: Port Malabar, Country Woods, Courtyards at Waterstone, Fairway Xings, Gulfport Key, Gardens at Waterstone, St Johns Preserve, Everlands, Edgewood, Country Club Estates, The Vue, Pangea, Bridgewater at Viera Classics, Bayside Lakes, Hawks Ridge, Highland Shores, Malabar Un Fifteen, Palm Bay Club Condo, Powells, Riviera Key, Stillwater Lakes, Tillman, and Wellington.
Zip Codes: 32904, 32908, 32905, 32909, 32906, 32910, 32907, and 32911.
Palm Bay Property Appraisal Resources
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.