More a matter of their database not being updated for all homes sold in
the recent past than gross errors. Seattle company, and I check sales
on my properties v. valuations at present. The site is very close, but
I feel optimistic. YMMV
On Tuesday, February 21, 2006, at 06:41 PM, Christopher McCann wrote:
My house was valued at 101K by the site...that's 10,000K more than the
PO payed 6 years ago, but does not take into account the skyrocketing
prices in my part of Kansas City. I paid $160,000 6 months ago and it
was a good deal. It has my neighbors houses WAY too low too.
If my house were 2 blocks East, it would be worth over $300,000 -
GARUANTEED (or however you spell that word)...AMAZINGLY, the website
does reflect the higher values of houses two blocks away into
account...and is probably closer with those. That is impressive. But
it is so far off on my block that one must conclude it is grossly
inaccurate. If I offered my house for anywhere near what that site
values it at, it would be sold within hours. Ditto for my neighbors.
Chris
[EMAIL PROTECTED] wrote: <
with taxes and escrow and the like, it comes to over a grand a month.
i
consider that a lot of money.>>
The new website www.zillow.com purports to give market prices for any
house
in the country by simply entering the address. The possible market
values of
houses in my neighborhood that I see every day is truly astonishing.
Who knew?
I've been looking up all my friend's homes just for fun.
RLE/Seattle
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Christopher McCann, Squier Park, Kansas City, Missouri
-2005 Blue Point Siamese, "Rose"
-1992 Volkswagen Golf, diesel, 185K km, "Nanook"
-1987 300TD, 151K, "Rotkäppchen"
-1985 300SD, 211K, "Wulf"
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Clay
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