February 09, 2006

zillow.com Free, Instant Valuations and Data for 60,000,000+ Homes

Rich Barton, founder of expedia.com, launches a new Web site that offers free, accurate and neutral real estate information to the everyday consumer. It gives users the home's estimated value, maps and aerial photos. US only, sorry guys via npr.org

  • Um, not yet.
  • Mine was there, but a little sketchy on the valuation. It looks like it draws valuation from published purchase prices (which was what was listed for mine) but without any sort of appreciation/depreciation formula. And I have to wonder about the purchase price aspect, since my neighbor's house is valued at a far different (and lower) price than he had previously told me he paid. Of course, he could easily be engaging in a wee bit of fibbery, but why? If you're already comfortable telling people what you paid for a house, why revise the number?
  • My house was listed, but it claims its value is roughly 16 grand. Which either means that their info on my house sucks, or else I got REALLY SCREWED.
  • My house was listed, and its value, along with the entire neighborhood was very accurate. I've seen a few others in neighboring cities that are totally off.
  • My prior house was accurate on past sales prices, buth they added a bathroom and lost a storey. My mother's house seems about right in estimated value, but she lost a bathroom and a storey as well. Bush has a similar mapping service, but instead of showing the value of your house, it lists your last five phone calls. (Rimshot).
  • Idaho: We do not have any home data for this state, but we hope to in the future. Please check back. Bush hates it when they tell him that.
  • A 60,000,000+ Home is a bit too expensive for my budget. Sorry.
  • Wow, my house was built in 1920 and "updated" [presumably split into apartments] in 1979. That explains a lot.
  • Gee, everytime I hit this site, all I get is Zillow is resting now, we'll be back online as soon as possible.
  • I checked my mom's house, it seems to have lost the addition of a bedroom and bathroom that it gained 25 years ago. Hmmm.
  • Zillow added about $80K to what I thought the house is worth. I wonder if the next appraisal will reflect this. Also, the listed price is higher than 6% of the homes in my Zipcode, and higher than 44% of the homes in the US, says Zillow. This is not reliable, but very neat.
  • My house is listed... I bought it 5 years ago for $185,000, according to this site It is now worth about $330,000, I doubt that, especially in the market we now have here in Michigan. I also have been imagining that second bathroom I've been using, seems I only have one! No wonder all the plants are dead! Also seems I have no bedrooms... It does have some interesting and accurate data, but methinks that the formulas for value are a bit faulty and generalized.
  • maybe the zillow.com site just lists the rooms in the building for which planning permission has been granted?
  • My house is listed. I bought it three years ago for 160,000. According to the site, it is now worth 92,000. Real estate has actually exploded in this part of the country over the past three years. The site was very poor for my area.
  • Huh. It seems pretty accurate for house values here just north of Seattle. Actually, I'm really hoping it's somewhat accurate because I just ordered an appraisal to try and get rid of my PMI! I'll be interested to see what the appraisal says versus this site--I should have it by next week.
  • > Real estate has actually exploded in this part of the country over the past three years. check the gas pipes. this can be dangerous.
  • My zip code isn't even listed.
  • I meant "actually" as a juxtaposition against what the suggested decrease in real estate in my area from the website. But, roryk, you are still right. I should not have used "actually." You will not, however, I did not use "literally." That is surely worth something.
  • Tennenho--that plays hell with the values.
  • My former home is not accurate, doesn't even have the number of bathrooms correct, and is severely undervalued. But I don't think they should correct it. What the tax assessor doesn't know won't hurt him.
  • Heh heh. Tax assessors should be directed to this website.
  • I saw this and nearly cried that I lost $5g's in 6 months.
  • That was fun and seemed pretty accurate for my current neighborhood, but it's depressing to look at my childhood home that's worth twice what my parents sold it for in 1999.