Bored and own a home?

[thedarkwolf]

Tax assessed value: $26,100

 

[Kevin1211]

wow, my house is worth $200,000 more than wut i paid for (paying $400k for it now).. ZESTIMATE?: $639,714

 

[Lumathix]

Cool site :thumbsup:

 

[MikeMike]

how can i modify my house? id really like to change it to 2 bath...

 

[Dragoon42]

Originally posted by: Sukhoi
Uh, that site is totally wrong. Says my parents' house is worth $60K...more like $260K.

Well it says that's what the tax assessed value is...is selling price different?

Tax value is the value of the home given by the gov't and is generally always lower to the "market" (ie selling) value of the home.

How much lower? It really depends on the area. In florida for example, the amount is a huge difference. Sometimes off by 200k (home valued is 200k when market value is 400k+)

 

[dullard]

Originally posted by: MIKEMIKE
how can i modify my house? id really like to change it to 2 bath...

Click on house,
Click See Home Details,
Click Refine Value of House,
Follow directions (5 steps).

I found that adding a bathroom (which I wanted to do myself for fun and not much cost) would seriously increase the value of my house in the formulas.

 

[Gand1]

Cool site but inaccurate as all hell. It doesn't have the correct amount of bathrooms for my house and my nieghbors house, the exact duplicate with same property minus a garage is worth $10,000 more?!?!?! I don't know where they are getting the data from but it aint good.

 

[MikeMike]

Originally posted by: dullard

Originally posted by: MIKEMIKE
how can i modify my house? id really like to change it to 2 bath...

Click on house,
Click See Home Details,
Click Refine Value of House,
Follow directions (5 steps).

I found that adding a bathroom (which I wanted to do myself for fun and not much cost) would seriously increase the value of my house in the formulas.

there is no Zestimate though on there so looks like i cant.

i think the county only has us as 1.5 baths, as if we were 2 full baths, we would need a larger septic.

 

[Skunkwourk]

didn't know my parents house was built in 1964, interesting...

 

[lightpants]

It listed my 3 unit apartment building and 4 garages as a 1 bedroom,1 bath, 1 story, 400 square foot building worth $217,000

I made the changes to correct it and my value jumped to $4,665,182.00! I will sell it to anyone right now for a flat 2,000,000.00 any takers??? That is half price!!!

 

[MikeMike]

damn, i wish i knew my grandparents address. that would be an interesting house to spec out.

LMAO, its listed as 1.5 bath...

its 4 bath...

 

[FrustratedUser]

I'm in the market for a house so I'm checking this out.

 

[JDrake]

*wonders why my house is worth $40k+ more than the neighboring houses*

 

[HomeBrewerDude]

there tax assessment data are 2.5 yrs old.

 

[MikeMike]

Originally posted by: joedrake
*wonders why my house is worth $40k+ more than the neighboring houses*

dont worry, the tax assesment on the house behind my grandparents is 100K more than their house. but thats about right.

 

[Jeraden]

Bought my house 3 years ago, its saying its worth 75k less than we bought it for, and I thought it was a steal for the price we paid. The amount they say its worth is a joke, so I'm not sure where they are coming up with the value. The comparable homes are all showing up as worth 100k more than mine.

 

[waggy]

anyone that uses this to price a house and believes it is a moron. they are off on it. I did a friends of mine who just sold there house. It sold for $180k (3 bedrooms 2 baths) but they have it listed as $450k! WTF a house like that in this area does not cost htat much.

I was really hopeing they had my house. heh

 

[DrumminBoy]

Originally posted by: MIKEMIKE
damn, i wish i knew my grandparents address. that would be an interesting house to spec out.

LMAO, its listed as 1.5 bath...

its 4 bath...

They're not big brother - they aren't going to know the specs on every single house in their database. This is why they give you the option to change the specs

 

[JDrake]

Originally posted by: waggy
anyone that uses this to price a house and believes it is a moron. they are off on it. I did a friends of mine who just sold there house. It sold for $180k (3 bedrooms 2 baths) but they have it listed as $450k! WTF a house like that in this area does not cost htat much.

I was really hopeing they had my house. heh

Maybe your friend is a moron?

 

[mzkhadir]

40k more

 

[Kelemvor]

The data on this site is from 2003. It's way off and totally useless.

I just had my house appraised like 2 weeks ago at $245k. This site shows it as $150k. That's less than I bought it for back in 2001.

 

[waggy]

Originally posted by: joedrake

Originally posted by: waggy
anyone that uses this to price a house and believes it is a moron. they are off on it. I did a friends of mine who just sold there house. It sold for $180k (3 bedrooms 2 baths) but they have it listed as $450k! WTF a house like that in this area does not cost htat much.

I was really hopeing they had my house. heh

Maybe your friend is a moron?

heh at times yes. but when it comes to money? nope. he makes scrouge McDuck look like a idiot.


houses around here are just cheaper then the site cliams.

 

[AdamSnow]

Bill Gates House

 

[alien42]

the houses in my neighborhood are worth 3x more than the tax assesment on that site shows

 

[Jzero]

It's still considered "Beta" and there's a good reason for that. It's not going to be accurate for everyone.
Pricing in my neighborhood is realistic, if not totally accurate.