According to The Seattle Times, some real estate experts believe that home value assessments can now be made using automation and technology.
“Can a machine — even one loaded with sophisticated algorithms, cloud-computing technology and real-estate market data — accurately estimate the value of your home? No way, you might say, it takes trained, professional appraisers to inspect and value houses...But real-estate and technology entrepreneurs strongly believe that relatively accurate automated estimations of value are achievable, and they have been working for years to create systems that do just that.”
Source: The Seattle Times, <a href="http://www.seattletimes.com/business/real-estate/rival-valuation-sites-benefit-consumers/">Rival home valuation sites benefit consumers</a> by Kenneth R. Harney.
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