Get an instant estimate with our free home valuation tool. For a more personalized assessment, we can refine the estimate based on your home’s unique features. Ready to sell or just curious? Contact Peter for a detailed Comparative Market Analysis (CMA).
This property estimate is based on an automated valuation model (AVM) that utilizes public data and trends to estimate the current selling value of your home. It serves solely for informational purposes and is not an appraisal. Prior to making any significant decisions, you should consult with your trusted licensed real estate broker or licensed appraiser. We provide a complimentary on-site home market evaluation for homeowners considering the sale of their property
An AVM is a helpful start, but if you’re considering selling, request a Comparative Market Analysis (CMA). It's a highly accurate, agent-crafted report that factors in active listings, recent sales, and your home’s unique features. This in-person consultation requires a home visit to fully understand your property's nuances, and advice on how to maximize your selling price. There’s no cost or obligation—it’s part of our commitment to earning your trust and business.
A home valuation tool—like the one we offer—uses an Automated Valuation Model (AVM) to estimate your property’s value based on public data and comparable past sales. It’s a fast and useful way to get a general idea of your home’s market position.
However, AVMs can’t account for specific property details like condition, light, layout, or upgrades—and sales data may lag behind the current market by several months.
If you need a more precise pricing strategy, a Comparative Market Analysis (CMA) is the next step. Our CMA combines recent sales with active competition in your building or neighborhood to give a real-time picture of value. Unlike a lender’s appraisal—which is conducted by a licensed appraiser for mortgage purposes—a CMA reflects how your home might perform on the open market right now.
Our valuation tool uses dynamic, data-driven modeling to provide a quick estimate of your home's value. It analyzes recent sales of comparable properties in your area and layers in broader factors like inventory levels, interest rates, and buyer activity to give you a general sense of current market value.
But a digital estimate has limits. It can’t fully understand your home's unique condition, layout, upgrades, or building-specific factors—especially in a complex market like New York.
That’s where a Comparative Market Analysis (CMA) comes in. A CMA is prepared by a local real estate professional who evaluates not just recent sales but also active and pending listings, market sentiment, and the subtle features that drive real buyer behavior. If you're considering a sale or just want a deeper understanding of your property's true value, a CMA offers far more insight than an automated model can.
Online valuation tools offer a fast starting point, but they don’t tell the full story. These estimates can’t account for unique features like custom renovations, landmark status, architectural detail, or recent upgrades—all of which can dramatically impact value in the New York City market.
If you’re considering selling—or just want a more accurate, current picture of your property’s worth—it’s smart to request a Comparative Market Analysis (CMA). A CMA combines hard data with local expertise and live market context. Peter can provide a broker’s CMA that not only estimates value, but also evaluates your home’s positioning, desirability, and pricing strategy. It’s the most reliable way to set the right asking price when timing and accuracy matter most.
A Comparative Market Analysis (CMA) is one of the most effective tools for setting an informed and strategic asking price. Peter Comitini evaluates recent sales of similar homes—factoring in size, condition, location, and features—to create a data-driven estimate that reflects real-time market value.
The process includes adjustments for things like square footage, renovations, views, and finishes—elements that automated models often miss. With Peter’s experience and pricing insight, the CMA doesn’t just suggest a number—it helps shape a strategy that positions your home to attract qualified buyers and maximize your final sale price.
No—while both estimate value, a real estate appraisal and a Comparative Market Analysis (CMA) serve different purposes and audiences.
An appraisal is conducted by a licensed appraiser and is required by lenders for mortgages or refinancing. It’s designed to protect the bank, not the seller. Appraisers conduct an on-site inspection, review the home’s features and condition, and compare recent closed sales. Their reports include floor plans, property photos, and city-permitted modifications. Because they rely on closed data, appraisals often trail current market trends by several months.
A CMA, on the other hand, is prepared by a real estate professional like Peter Comitini. It’s built to guide pricing strategy when bringing a home to market. While it uses a similar comparative approach, the CMA is focused on maximizing value for the seller—factoring in not just past sales, but also active competition, buyer behavior, and market momentum. If your goal is to price smart and sell effectively, a CMA is the more relevant tool.
If you’re planning renovations to increase resale value, understanding your home’s current market position is key. A valuation can show how your home compares to others in the area—helping you avoid pricing yourself out of the neighborhood or making improvements that don’t align with buyer expectations. Over-improving a property that’s already near the top of the local market may limit your return. A valuation gives you the context to make smarter, more strategic renovation choices.
If you're thinking about tapping into your home’s equity through a Home Equity Line of Credit (HELOC), knowing your current market value is the first step. Most lenders require at least 20% equity, and a recent home valuation will help determine whether you qualify. The lender will also use this value to set your borrowing limits. If you own a co-op in New York City, the HELOC must also meet the Coop Board’s guidelines and may require board approval.
When you refinance, lenders calculate your loan amount based on your home’s current market value—typically lending up to 80% of that figure. Knowing your home’s value helps determine how much equity you’ve built, which directly affects the terms you’ll be offered. More equity can lead to lower rates and better options. Keep in mind that refinancing may involve additional transactional costs, some of which might need to be paid out of pocket.
Even if you're not planning to sell or refinance, knowing your home's value is simply smart. It gives you a clearer picture of your equity—and that insight can help you prepare for life’s unexpected turns, from job changes to family needs or financial surprises. Whether you're thinking long-term or need flexibility in the short term, understanding what your home is worth helps you make informed, confident decisions.
Understanding your home’s value is a smart first step before deciding to sell. It gives you a realistic view of how your property might perform in the current market—helping you price effectively and plan your next move with confidence.
Our free valuation tool offers a quick estimate, but we’re also available for a more personalized consultation. Whether you’re actively preparing to list or just curious, we’ll provide real insights on your home’s value and marketability—with no obligation to sell.
A buyer's first impression is made within seconds, whether viewing your home online or stepping through the door. These moments shape how they perceive its value. We curate the entire experience to make your home stand out, increasing its appeal and helping it sell faster and for a higher price.
Whether you're a first-time buyer or trading multimillion-dollar properties, we want to be your partner in fulfilling the promise of home. We bring deep expertise about neighborhoods, values, and market dynamics to help inform your decisions. It's a privilege to take that journey with you. See our Buyer’s Guide about some of the basics.
"For two decades, I've guided clients through the ins and outs of NYC real estate by offering boutique service, customized marketing, and the expertise to get your deal done. Learn more by exploring my site and book a call below"
—Peter Comitini
