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View Full Version : Anyone do home valuations?


tmleadr03
11-11-2013, 12:08
Need to get my house checked to see how much it is worth. Anyone of you guys do that or have a recommendation?
sniper7
11-11-2013, 12:11
I don't do it professionally but for $100, I'll check zillow for you and print out a copy!
tmleadr03
11-11-2013, 12:25
I don't do it professionally but for $100, I'll check zillow for you and print out a copy!



Zillow has me at 27k over what I paid for it and I am pretty certain the housing market has not come back that much.
kwando
11-11-2013, 12:42
Yes values have gone up double digits.
ChunkyMonkey
11-11-2013, 13:09
Need to get my house checked to see how much it is worth. Anyone of you guys do that or have a recommendation?

I can pull 6 months comparable sale price (BPO). Text me your addy
ChunkyMonkey
11-11-2013, 13:10
I don't do it professionally but for $100, I'll check zillow for you and print out a copy!

Zillow sucks ass ;). It has my house at 100k over its value because the houses behind me selling for $800k more than my subdivision.
sniper7
11-11-2013, 13:16
Zillow sucks ass ;). It has my house at 100k over its value because the houses behind me selling for $800k more than my subdivision.

Maybe you are richer than you think!
JMBD2112
11-11-2013, 13:18
I think KellyTTE does, pm him
MrPrena
11-11-2013, 14:19
I think 10% off the Zillow estimate is about right.
I just compare it to the similar/same houses in my HOA , and see how much they are going (or sold) for.

Good part is, some are selling it for 10% over Zillow estimates, and it is selling.
Zombie Steve
11-11-2013, 15:44
I sell Real Estate, and do CMA's several times a week. I won't pretend I know or understand what's going on in the Denver metro, but I can find you someone who does if you're interested...

BTW - Zillow, Realtor.com, Trulia etc aren't as bad as looking at tax value, for example, but I wouldn't put a lot of stock in it either...

Golden rules for comparable homes that an appraiser will use: similar above grade square footage, age, same area, floor plan (don't compare a 2 story to a ranch), condition and it has to have sold in the last 6 months.
PugnacAutMortem
11-11-2013, 16:11
Zillow has me at 27k over what I paid for it and I am pretty certain the housing market has not come back that much.

Zillow has mine for 40k UNDER what I paid for mine. There's a house next door to me that is easily 500 sqft smaller than mine, and Zillow says that house is worth only 5k less than my house. Not to mention the exact same model across the street from me is valued 75k more than my house...

Yeah...I think Zillow is drunk.
Jer
11-12-2013, 20:31
Get a Realtor and they can do a market value comparison for you free of charge.
blacklabel
11-12-2013, 20:37
Zillow has ours is valued at $20k more than we paid 3 years ago. All of the prices are similar in our subdivision.
sniper7
11-12-2013, 22:35
Just looked and zillow has one house down the street that I believe was a foreclosure but it sold for about $250k more than what the average house around us is going for! Pretty sure that is wrong!
Parf
11-13-2013, 00:28
Yeah, call Kelly. See his thread here:

https://www.ar-15.co/threads/90455-Colorado-Home-Inspection-Professionals-(COHIP-LLC)
eneranch
11-13-2013, 07:28
Get a RE Agent to do a CMA ( Comparative Market Analysis ), this can be done quickly and at no cost, It uses comparable data from the MLS and can be tailored to fit your house and the area in which you live.
Jer
11-13-2013, 12:17
Get a RE Agent to do a CMA ( Comparative Market Analysis ), this can be done quickly and at no cost, It uses comparable data from the MLS and can be tailored to fit your house and the area in which you live.
Exactly what I suggested a few hours ago. Honestly, if you're not willing to pay for or don't need an actual appraisal ($350+) this is your BEST bet for an ACCURATE estimation of the value of your home. The websites mentioned are a novelty & good for ballpark estimations but shouldn't be used for anything serious.
tmleadr03
11-13-2013, 13:47
Exactly what I suggested a few hours ago. Honestly, if you're not willing to pay for or don't need an actual appraisal ($350+) this is your BEST bet for an ACCURATE estimation of the value of your home. The websites mentioned are a novelty & good for ballpark estimations but shouldn't be used for anything serious.

Since I really need a hard number not a guesstimate I will be contacting the guy who posted on this site offering that.