This post on the FREAKONOMICS BLOG, pointed me to a really cool site, Zillow.com. Type in any address or zip code and it will show you the house on a satellite picture along with the house’s estimated value. In addition you can search for recent comparable sales – sales of recent houses with similar specifications in the same neighborhood along with their sale price!
You have got to try this website out – find out your home’s value. Realtors are going to have to work hard to show their value!
Two notes:
- Not all areas are covered yet. I found my home in Colorado but I couldn’t find any data for home values in South Dakota.
- It actually showed our home in the right spot. Google and Yahoo maps usually think our house is half way down the block from where it really is.