Residential Home Valuation Analyzer

What type of Housing Analysis does the Adkins Residential Home Valuation Analyzer allow Subscribers to perform?

The Adkins Residential Home Valuation Analyzer is a user-friendly residential real estate analysis software application that will allow you to conduct a comprehensive real estate analysis.  Our software application is powered by proprietary finance-based and expense-based analytical methodologies that will allow you to make a prudent home purchase decision.

Finance-based Residential Real Estate Analysis

From a finance-based analytical perspective at the macro-level, our software application will allow you to calculate the justified mortgage loan interest rate amount for your community.  This interest rate amount represents the cost of debt for a mortgage loan that equates the median home price level with the median household income level.  The justified mortgage loan interest rate amount is based upon your assumption of the largest percentage of household income that should be spent in order to repay the principal and interest costs for a mortgage loan.  By comparing the justified mortgage loan interest rate amount against the prevailing cost of debt for a mortgage loan, you will be able to quantify the degree of overpricing or underpricing of homes in your community.

At the macro-level, our software application will also allow you to calculate the justified percentage of household income amount for your community.  This amount represents the percentage of pre-tax household income that would have to be spent in order to justify the relationship between the median household income level and the median home price level. The justified percentage of household income amount is based upon the prevailing mortgage loan interest rate amount for a 30-year fully-amortized fixed-rate mortgage loan. By comparing the justified percentage of household income amount against the largest amount of pre-tax household income that you believe should be spent in order to repay the principal and interest costs for a mortgage loan, you will be able to quantify the degree of overpricing or underpricing of homes in your community.

From a finance-based analytical perspective at the micro-level, our software application will allow you to calculate the  justified mortgage loan interest rate amount and the justified percentage of household income amount for a specific home that you are considering to purchase.  By taking into account your household income amount, the asking sales price for the home that you are considering to purchase, the percentage of pre-tax household income that you believe is the largest amount of money that should be spent in order to repay the principal and interest costs for a mortgage loan, and the cost of debt that you can obtain for a mortgage loan, our software application will allow you to quantify the level of overpricing or underpricing of the home that you are considering to purchase.

At the micro-level, our software application will also allow you to calculate the largest amount of money that you should spend in order to purchase the home.  This amount is based upon your pre-tax household income amount, the largest percentage of pre-tax household income that you believe should be spent in order to purchase the home, and the cost of debt that you can obtain for a mortgage loan.  In addition, our software application will allow you to calculate the amount of money that you would need to earn on an annual basis in order to be able to afford to purchase the specific home.  This amount is based upon the asking sales price for the home, the largest percentage of pre-tax household income that you believe should be spent in order to purchase the home, and the cost of debt that you can obtain for a mortgage loan.

Expense-based Residential Real Estate Analysis

From an expense-based analytical perspective at the micro-level, the Adkins Residential Home Valuation Analyzer will allow you to calculate the required annual dollar appreciation amounts and the required annual interest rate appreciation amounts that are required to offset the seven costs that are associated with owing the home.  By taking into account the costs for interest expense, property taxes, maintenance, home owners’ insurance, private mortgage insurance, closing costs, and real estate commissions, you will be able to quantify the annual break-even rate for the home that you are considering to purchase.

The Adkins Residential Home Valuation Analyzer will also allow you to calculate the annual total home ownership costs over a 30-year time horizon.  These costs will be expressed as a percentage of household income.  By analyzing your housing costs from this perspective, you will be able to accurately quantify the annual housing cost burden that will be associated with owning the home that you are considering to purchase.

By utilizing our comprehensive residential real estate analysis software application, you will be able to make a prudent home purchase decision.

Sample Residential Real Estate Property Analysis Reports

The Adkins Residential Home Valuation Analyzer has been used in order to generate a comprehensive housing analysis for each of the cities that make up the Adkins 60-City Home Price Index.  Each of these city housing analyses can be found on our Interactive map, which is included in the “City Housing Analyses” sub-tab under the main “Analyses” menu tab on our corporate website.

Where can Subscribers use the Adkins Residential Home Valuation Analyzer?

The Adkins Residential Home Valuation Analyzer can be used anywhere in the world by English-speaking subscribers that have access to a desktop computer and high speed internet service.

The Adkins Residential Home Valuation Analyzer utilizes state-of-the art cloud-based computer technology and proprietary housing analytical methodologies that are timeless in terms of applicability and usability. Given the structure of our digital business model, the design of our software application, and the robustness of our housing analytical methodologies, current and future generations of subscribers will be able to conduct a comprehensive, accurate, automated, user-friendly, and affordable residential real estate analysis.

When can Subscribers use the Adkins Residential Home Valuation Analyzer?

The Adkins Residential Home Valuation Analyzer is an Internet-based software application that is available 24 hours per day.

How does the Adkins Residential Home Valuation Analyzer work?

Authorization to use our software application will be granted to you once you complete the subscription process.  Our subscriber login system will automatically generate and assign to you a unique user identification and password that will grant you access to use our software application.  You will receive your login credentials via email immediately after you subscribe to use our service.  Your login credentials will remain valid for at least two years.

The Adkins Residential Home Valuation Analyzer is designed as a cloud-based software application that is capable of allowing an unlimited number of subscribers to use our system simultaneously in order to conduct a comprehensive residential real estate analysis.

Why did the founder of Adkins Capital Management develop the Adkins Residential Home Valuation Analyzer?

The Adkins Residential Home Valuation Analyzer was developed in order to fulfill a mission that strives to bridge the gap in the residential housing market, where deficiencies in education, public policy, regulation, product structure, and personnel have created an environment where prospective home buyers need access to unbiased housing information and comprehensive housing analytical tools in order to make a prudent home purchase decision.