How are increases to my estimated home value calculated?
We use a home price index to estimate increases to home values. The index is computed each year by comparing current sales prices to historical sales prices of properties similar to yours in value, in your area. The valuation is not an actual tax or property assessment or appraisal. And it is no guarantee you can sell your home at this price. Still, it is beneficial information most homeowners don’t have access to, provided exclusively to Home Asset Management Account customers.