I don't really want to pay for an appraisel, I am just curious.
2007-02-17 18:08:57 · 10 answers · asked by mkaustin 1 in Business & Finance ➔ Renting & Real Estate
E-Mail me privately with your name, house number, and street address and I will comp it out for you and send you a very good value estimate. Zillow is often very inaccurate and has many areas with no info available. I wont ask you to list or buy anything. No charge. No obligations. Just better advice than ANY local agent can provide.
2007-02-17 18:25:02 · answer #1 · answered by Kevin H 4 · 0⤊ 0⤋
Hi there. I am a Help-U-Sell Realtor in Modesto, CA. Normally I will only suggest an appraisal for custom homes and for ranchettes, so if your home is in a subdivision, you can go a few places to satisfy curiosity. Try Zillow.com. This website is powered by Google & will give you a value price range. It's user friendly, however a handicap that I see in Zillow is that it doesn't show enough details (for my taste at least) of your Active competition, Pending activity & Sales history. To get this, you could call a local real estate agent and ask for a CMA report (Comparative Market Analysis). Agents will do this for free; you'll just need to provide the address of the home you want to sell. The criteria I normally use is no more than 1 mile radius from the home showing the Active, Pending, Sold lisitngs and no more than 3 months ago. Any further back (timewise) will show a different time, a different market (especially in CA). You can go to Realtor.com and shop the Active homes in your area. You should be able to set your search parameters (square footage, pool, no pool, beds/baths, etc.) Again the only handicap is that you will be seeing other homes for sale and they could be overpriced. Good luck with your real estate plans.
2007-02-17 18:41:10 · answer #2 · answered by Marilee 1 · 0⤊ 0⤋
You can do what is called a CMA (comparitative market analysis). It is easy to do, but not 100% accurate. All you do is research all the homes for sale in the area you live in, say a 5-10 mile radius. See what the homes are currently selling for that are similar to your house, also look at recent closings and see what they closed at. That will give you a rough idea of what it is worth if you do not want to get the house appraised.
2007-02-17 18:18:06 · answer #3 · answered by nickhawkins21 3 · 0⤊ 0⤋
All the above is good advice, but I would just act like I was trying to buy another home in the area by looking in the paper, the multiples, talking to a couple friendly agents and go to a couple of open houses. By then I would have a very good idea of values in my area.
2007-02-17 18:59:03 · answer #4 · answered by hebb 6 · 0⤊ 0⤋
You can do a decent imitation of a Comparitive Market Analysis by going to your local property appraiser agency website and look for homes in your neighborhood that sold recently.
Make sure you are getting numbers from homes as similar to your as possible: number of rooms, square footage, amenities, etc.
2007-02-18 09:17:28 · answer #5 · answered by Arsan Lupin 7 · 0⤊ 0⤋
Generally speaking, if you can locate prior home sales in your area with the same number of rooms and square footage, then the sales prices for those homes are a very good indicator of what your home is worth.
2007-02-17 18:16:42 · answer #6 · answered by annazzz1966 6 · 0⤊ 0⤋
Zillow.com is a good answer. If there are any recently sold homes in your area that are similar to yours, they'll tell you what it sold for and when.
2007-02-17 18:51:30 · answer #7 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
Have a Realtor come do a CMA
2007-02-18 02:24:09 · answer #8 · answered by frankie b 5 · 0⤊ 0⤋
CHECK COMPARABLES IN AREA, BUT THE BOTTOM LINE IS...
IT'S WORTH WHAT IT SELLS FOR!
2007-02-17 18:42:17 · answer #9 · answered by K B 2 · 0⤊ 0⤋
zillow.com
2007-02-17 18:17:42 · answer #10 · answered by 19cm-u-know 3 · 0⤊ 0⤋