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Automated Valuation Methods

Automated valuation models (AVMs) are growing in acceptance. While they have been criticized by Appraisers and many Real Estate Agents, they have given the consumer information that was available but difficult to put together in a meaningful way. Zillow exploded on the scene in early 2006 just in time to catch the peak of the US housing bubble. Since then, many other sites have popped up with similar functionality.

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List of Automatic Home Valuation (AVM) S...
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List of Automatic Home Valuation (AVM) Sites

This is a list of the top AVM sites out there. To be included, the site must offer a free and instant valuation.

RealEstateABC Home Values: A feature on this long standing real estate site that contains great articles and information for buyers and sellers.
Coolest Feature(s): Sliders to adjust property details, change/pick your own comps
Zillow: The industry leader with lots of great features.
Coolest Feature(s): Graphs, historical sales data, lot lines with all neighboring values
Yahoo! Real Estate: Not really a unique service as it returns the results from Zillow, Reply, and eppraisal.com but it's a great tool to use. Saves time and makes it easy to compare. I'd like to see them continue to add the other sites and allow users to provide feedback on the results.
Coolest Feature(s): Shows values from multiple sources
Reply!: A very slow service with valuations that vary widely.
Coolest Feature(s): Lot lines with neighboring values, select your own comps
HouseFront: Has a great feature to allow you mobile access to home values. Simply send a text message any address to 46873 (HOUSE).
Coolest Feature(s): Mobile access
Cyberhomes: Search more than 100,000,000 property records at this Fidelity National Financial site.
Coolest Feature(s): MSN Maps, Good Ajax usage to change between neighborhood info, comps, and property info
Eppraisal.com: Faster service but with widely varying result ranges.
Coolest Feature(s): MSN Maps, Comp Charts
Coldwell Banker Home Value Estimator: Fairly basic service without the bells and whistles.
Coolest Feature(s): MSN Maps, Confidence Level Indicator