Market Insights
A home valuation helps determine the current market value of your property in today’s real estate landscape. At Hi5 Properties, we use this process to give homeowners in Middle Tennessee a clear understanding of their home’s worth. Accurate valuations are key for smart selling decisions and confident financing. When a mortgage is involved, your home serves as collateral, and a reliable valuation ensures both buyers and lenders are protected throughout the transaction.
Your home’s value is determined by several factors, including its location, age, size, condition, and any recent upgrades or renovations. At Hi5 Properties, we also consider local market activity across Murfreesboro and surrounding areas, recent comparable sales, and current buyer demand. Our valuation tools reflect real-time trends—like inventory levels, interest rates, and neighborhood growth—to give you the most accurate market snapshot possible.
Online home valuations are a great starting point for understanding your property’s estimated worth. However, digital tools can’t always account for recent remodels, unique features, or the character that makes your home stand out. At Hi5 Properties, we combine technology with local expertise to refine your valuation. For the most precise figure, our agents can provide an in-person market analysis tailored to your neighborhood and property.
To optimize your property search and make a compelling offer, it’s crucial to establish your budget and obtain pre-approval for a mortgage beforehand. I am available to provide professional guidance in setting a realistic budget and obtaining pre-approval, so you can focus on finding the perfect property.
During this home-buying consultation, I will focus on understanding your real estate goals and needs and will provide expert guidance to help you achieve your home-buying objectives. I will also answer any questions you may have and outline a detailed game plan for your home-buying journey.
The client intake form is a crucial step in the home-buying process. This comprehensive form ensures that I don’t miss any important details that could impact your home search. It allows me to work efficiently and effectively on your behalf, making the home-buying process stress-free and an enjoyable experience.
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home valuation faqs
Home valuations in Murfreesboro and the Greater Middle Tennessee area are typically done through two main methods — a Comparative Market Analysis (CMA) or a Professional Appraisal. Both evaluate your home’s fair market value by analyzing recent sales, local market trends, and your property’s unique features.
A Comparative Market Analysis is a key tool used by real estate professionals at Hi5 Properties to estimate your home’s value. We review recently sold homes in your neighborhood — often within Murfreesboro, Franklin, or nearby Middle Tennessee communities — that are similar in size, design, and condition. Adjustments are made for differences such as upgrades or lot size to determine what your property could realistically sell for in today’s local market.
A home appraisal is an unbiased assessment of your property’s value conducted by a licensed professional. Appraisals are most often required by lenders for home purchases or refinances. In the Middle Tennessee area, appraisers evaluate your home’s interior and exterior, compare it to similar recent sales, and analyze local housing trends. They then provide a detailed report that lenders use to confirm loan amounts and protect both buyers and sellers during a transaction.
A home valuation is essential for understanding your property’s equity and market position. Whether you’re selling a home in Murfreesboro, refinancing in Franklin, or simply tracking your investment, an accurate valuation ensures fair pricing and smarter financial decisions. It helps you negotiate confidently, plan renovations wisely, and take advantage of current market opportunities in Middle Tennessee’s fast-moving real estate market.
- Refinancing: Lenders base loan amounts on your property’s value. The more equity you have, the better your refinancing options.
- Home Improvements: A valuation helps ensure upgrades align with neighborhood pricing in areas like Murfreesboro, Franklin, and Brentwood.
- Qualifying for Credit: Most lenders require at least 20% equity to approve a Home Equity Line of Credit (HELOC).
- Financial Planning: Knowing your home’s worth helps you plan for relocation, investments, or unexpected financial needs.
Get your personalized Middle Tennessee home valuation from the local experts at Hi5 Properties. We combine real market data, neighborhood knowledge, and on-the-ground experience to help you understand what your home is truly worth — and what it could sell for today.

Jacob Shireman, REALTOR®
3401 Mallory Rd, Suite 100
Franklin, TN 37067

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