LifeHelp:
 Home
 The Tour
 71 Gems
 12 Goofs 
 Calendar 
 Experts 
 Tipsheets 
 Updates 
 


SiteHelp:
 Contact
 Media
 Mission
 Privacy
 Site Map
 Terms
 Free
  Content

 


Special Report: Credit Cards


Site Search:
Google Custom Search
Custom  
Search  
 


Kudos:
 Awards
 Credits
 B. Franklin,
 Printer  

SmartConsumerTips Logo 
Gems of Consumer Wisdom
Health • Safety • Financial Freedom
 

Our
Other
Sites:


 Auto
 Safety

 Smart
 Consumer
 Tips

 Consumer
 Freedom
 Alliance

 Consumer
 Ace
 Awards

 Conserve
 Energy

 Hero
 Vote

 True
 Home
 Costs



  How To Estimate Any Home's Value  


Consumers can get a free estimate of any home's value at a handful of sites including Homegain.com, Domania.com and Zillow.com.  Zillow's reports include a history of the property and rooftop satellite neighborhood photos.  Zillow reports that its estimates "are typically on target, falling within 10 percent of the actual home-sale prices 62 percent of the time."

These sites calculate their estimates using computer programs that examine property tax assessments and sales price trends.  These estimates are fairly accurate for condos and town homes, but in markets where homes are unalike the information could well be misleading (some have been known to be off by as much as 200%!)  And these sites don't serve all areas:  Texas, New Mexico, Kansas, Mississippi, Indiana, Wyoming and Utah don't make property records available.  In other states, the estimate may be based on pricing data that is two to three months old, which may distort the home's true value by a few percent.

An in-person appraisal by a realtor is the most accurate way, but it will cost you $300 to $500.  A realtor knows a lot about what does or doesn't add value to your home.


(Next Gem: How To Guard Against Home Disasters)

 
   
 HomeQuick TourThe Tipsheets12 GoofsWeb LogCalendarList of ExpertsSite MapMedia Room
Mission StatementPrivacy PolicyContact InfoDisclaimer and Terms of UseB. Franklin, Printer
© 2007, Consumer Freedom Alliance • 14241 NE Woodinville-Duvall Rd. #182 • Woodinville, WA • 98072-8564
This site best viewed by IE 5.0 or above, or Firefox 5.0 or above. • A C.O.P.P.A. compliant site.