Ever thought about the real estate activity on your street or any street? This web application does just that. All you
have to do is enter any Michigan address. And you will see a map and
downloadable listing of all of the real estate activity on that street within the the given zip code.
This application is in Beta Testing which means it's free to for a period if time. You can enter up to three addresses.
Spatial analysis (Mapping) is how we understand our world — mapping where things are, how they relate,
what it all means, and what actions to take. Innovation in residential real estate led industry
leaders in other markets to more broadly adopt technology. However, the uptake has been slower
despite promises to make their businesses and the lives of their customers better.
For many decades, there’s been no reason to change workflows or processes because immense wealth
has been created without disrupting the status quo. However, in the past three years we’ve seen a
sea change in technology. It’s now far easier to use and deliver bigger benefits more quickly.
Buyers expect an easy to use, interactive, digital experience. Given that buying a home is such
a big step, it’s all the more important for you to educate and prepare yourself as much as possible
in advance. This means clearly determining why you’re buying and what kind of home you’re looking
for. And because buying and financing a home are so closely related, it also means examining your
current financial situation and projecting how much you can afford.
Real estate activity on a specific street gives you an idea of what's going on that street.
This a fun, easy to use tool that let's you see what's going on by street.
Enter your address and view current year plus three prior years of sales activity on that street.
Enter an address below, click 'Get Report' and all of the sales activity for that street will
We provided a color coded display that will help you the the sales activity by year.
With 3 full years of previous history plus the current year's history, we provided
a filter so that you can limit the data to only the data you are interested in.
Use the checkboxes below the map to turn on or off the filter.
Click 'Get Report' after you select the checkboxes.
As you search for properties, use this tool to see sales activities by street, over
a three year span.
To determine the value of a house, an appraiser or an agent will typically look at three
comparable sales, or 'comps' as they are known in the industry. Agents and Appraisers
have access to the Multiple Listing Service, known as the MLS, which is a database
of all the properties in a given area that have been listed 'for sale', are in process
of being sold (pending,) or have already sold. Without being an agent or an appraiser,
you may have a harder time accessing this information.
The properties that have been sold already are the key. To determine your house value,
you need to find homes that are similar in size, condition, and location. The theory behind
value is that your home is worth whatever others would be willing to pay for it
– and the best way to determine how much people are willing to pay is by discovering how much
they’ve paid for similar homes.
How to Use Comps to Determine House Value?
However, obviously every home is different, with features that make the home more or less
desirable. For example, a three bedroom house is probably worth more than a similar home
in the neighborhood with only two bedrooms, just as a two car garage is worth more than a
one car garage. So, to determine a house’s value, you will look at three similar properties
that have sold within the previous six months that are similar, and then compensate for
the differences. Does one home have a pool and your home does not? Find out what a pool
is worth and subtract that from your home. Does one of the comps have 100 square feet less?
Then find the cost per square foot average in your area and increase your home’s value by