The area I'm in has recent sales listed. There is even a satellite photo showing the sales that you can click on and get all the info from last sale. I guess in your area they are just using assessed value.
you cant expect to pull up this site and get a dead on estimate of your house but i think its a great start. at first my house was showing 70k less than i paid two years ago. OUCH. but once i updated it to reflect the current bedrooms and bathrooms i found it close to my own estimate. i think it has alot of potential but u cant expect to get a spot on estimate by just typing in your address. cant wait to see how this site is in two years. jim
Zillow provides a great opportunity for the FSBO crowd. Any way to avoid those parasitic real estate agents and their exorbitant fees is a major plus.
All the middle aged housewives/RE Agents...will just need to work a little harder for less now! Michael B.
I think I know why now mine was tax assessment value... I did my address again and clicked for more detail and this is what I got: "County transactional data for this home is insufficient so we cannot calculate a Zestimate. But we are adding data all the time, so be sure to come back. Zestimate A Zestimate is an estimated market value of a home. We compute this figure by taking zillions of data points, mainly from public records, and entering them in a formula. The Value Range shows how much we know about your home. The smaller the range, the more accurate the Zestimate because we have lots of information to go on."
think i should be concerned?! :eek: This home Bryn Mawr PA US 30 days -13% -8.2% -8.1% -8.5% -13% 0.6% 1 year 9.1% -8.6% -8.7% -1.8% 4.4% 21% 5 years 61% 40% 40% 47% 77% 90% 10 years -- -- -- -- 111% 104% Last sale (10/19/2004) 23% -33% -33% 12% -2.9% 28% 30 days -$122,360 -$32,965 -$32,885 -$16,312 -$27,080 $1,461 1 year $68,875 -$34,893 -$35,273 -$3,250 $7,841 $44,865 5 years $314,428 $105,744 $105,831 $56,219 $81,110 $124,117 10 years -- -- -- -- $98,136 $132,992 Last sale (10/19/2004) $156,527 -$178,340 -$179,203 $19,026 -$5,622 $56,788 This home Bryn Mawr PA US 30 days -13% -8.2% -8.1% -8.5% -13% 0.6% 1 year 9.1% -8.6% -8.7% -1.8% 4.4% 21% 5 years 61% 40% 40% 47% 77% 90% 10 years -- -- -- -- 111% 104% Last sale (10/19/2004) 23% -33% -33% 12% -2.9% 28% i pray this is not accurate....... :eek:
surf... your mortgage company is going to call in their security on your loan...but do not worry there is a big cardboard box in the dumpster...i'll save it for you traders helping Traders...that what this site is all about...thank you very much