House's value

[bjl584]

Anyone know where I can go to get an approximate value of my home? I bought it at the end of 2004, and at the time my bank appraised it at $115,000. Thanks.

[sweeps]

zillow.com
homevaluebot.com

[bjl584]

Thanks! I'll give that a try.

[cashqueen]

I tried both of those websites and neither were anywhere close to what my house is worth. Just be careful not to rely too heavily on the info.

[HiImSeth]

On Zillow, did you make sure you took the time to edit the information available for your home? They provide as much information as they have and then you can claim the property and make whatever changes need to be made. Mine was pretty reasonable after and even before I made changes to mine.

[MonkeyMama]

I love zillow. Your local paper may show comparable sales??? That is how I keep on top of home values...

[Ima saver]

The tax appraisal office came out and reappraised everyone's home. Ours appraised for about $450,000 but I think I could get a lot more than that if I sold it.

[tinapbeana]

where i live, the tax accessor's page allows you to find comparable sales in your area. you can include distance, square footage, room count, acreage, sales price, and time, and you can weight each criteria to your preferences. i usually wind up getting a list of 3-6 comps, and based on the comps the site will give an average cost /sf and will calculate an estimated sales price for my house.

[Snoopy2645]

Well I personally want the tax man to appraise low & the sale to be high I surely dont want to pay MORE taxes than I have to if ya know what I mean!!! My house or my City for that matter or County isnt even listed on either one of these sites guess I Really am in NOWhere land!!! The homes values around here also go up & down alot right now i think they will go up 4 huge companies just came to town way up from a year ago when it was like a ghost town once again & everyone was leaving & houses were selling cheap!!!

[LuxLiving]

Snoopy a lot of those mapquest type thingys tell me my house is about a block and a half from where it actually sits! Funny - but I know the reason why is that my house was the original farmhouse on a large acreage. Slowly the acreage sold off till my little 2 1/2 acre pie piece is what remains.

Zillow doesn't rate our house near as high either at this time. Though a neighboring house about 2 blocks away sold for a ridiculous amount of money recently which helps nicely, but someone got taken!!

[Fern]

Just email any local realtor and tell them you are thinking long term, not ready to do anything yet, but give them all the particulars about your house. Most will be more than happy to cultivate a prospective seller for down the road.

Their price will be more accurate than the nat'l online places; i also found zillow to be highly inflated.

[PauletteGoddard]

Originally Posted by bjl584

Anyone know where I can go to get an approximate value of my home? I bought it at the end of 2004, and at the time my bank appraised it at $115,000. Thanks.

try www.homevaluecma.com

Also check what your County or Governmental Tax Recipient appraised it for in 2004, subtract that from $115,000. Then see what your County appraises your home to be worth, and add to that your difference between the 2004.bankappraisal - 2004.countyappraisal

[PauletteGoddard]

I don't trust Zillow.com entirely. It values my house without accounting for a daylit basement. Redfin accounted for it and added $110K more in value, and HomeValueCMA.com did factor the basement, yielding a low-high range difference of $74K.

I tend to undervalue my home so when I calculate my net worth monthly, my physical system can acclimate to the slow deflation of its value, rather than go into cardiac arrest at a 10% drop.

[tinapbeana]

Originally Posted by Snoopy2645

Well I personally want the tax man to appraise low & the sale to be high I surely dont want to pay MORE taxes than I have to if ya know what I mean!!! My hosue isnt listed on either one of these sites guess I Really am in NOWhere land!!! The homes values around here also go up & down alot right now i think they will go up 4 huge companies just came to town way up from a year ago when it was like a ghost town once again & everyone was leaving & houses were selling cheap!!!

i agree, i want the tax accessed value as low as possible!

maybe it's unusual, but our tax accessor's site will calculate an estimated sales price for the home based on comparable sales prices in the area, not accessed values. according to the site, my house (compared with 7 that are +/- 300 sf, within 1 mile and sold the past year) has an estimated sales value 26% more than accessed value, and 44% more than what i paid for it in july.