Trulia launches real estate valuations in beta

Test launch includes more than 1 million off-market homes

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Real estate search and marketing site Trulia is jumping into the property valuation space. Today, the company rolled out Trulia Estimates, which will provide consumers with an assessment of a home’s worth.

Trulia Estimates is launching in beta in the San Francisco Bay Area, where the company is based. The test market includes five counties: Contra Costa, Marin, San Francisco, Santa Clara and San Mateo.

The beta launch includes a about 1 million off-market single-family homes, condominiums and townhomes, including recently sold homes, the company said. Valuations are displayed on the site’s map search and on pages for individual properties.

"Our … users have asked for it and in today’s market it’s no surprise that consumers are wondering what their homes are really worth," said Ken Shuman, Trulia’s spokesman.