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An interesting new web tool to look at comparable real estate values in your neighbohood.

http://online.wsj.com/article_email/SB113935396648967688-lMyQjAxMDE2MzA5OTMwNTkzWj.html

 

(link active for 7 days)

 

THE MOSSBERG SOLUTION

By WALTER S. MOSSBERG AND KATHERINE BOEHRET 

 

For Real-Estate Voyeurs

February 8, 2006; Page D1

 

If there's anything Americans obsess over as much as sports, pop culture and college for their kids, it's real estate. All over the country, people love to talk about how much their homes, and those of their neighbors, might be worth if sold today and what it would take to snag a new house.

 

Trouble is, it's hard for average folks to obtain solid, neutral estimates of the market values of homes without consulting a real-estate agent. There have been a few Web sites that offer estimates of a home's value, such as housevalues.com. But they require you to enter your contact information and to be contacted by a real-estate agent or mortgage broker in order to actually receive a detailed estimate. While these sites look like they are focused on the consumer, they are actually designed to generate sales leads for agents.

The prices have got to be overblown. All I did was put in that my house was 2073 square feet and the value went up $127,000! Something isn't right.

This site is a total mess. At least for Hamilton, the aerial must be 3 or 4 years old as many newer streets and buildings don't exist. They have a single family home on the courthouse lawn and in the middle of smart paper. I wouldn't use this as a percise tool, but I do like the ability to move around the aerial very quickly.

^ease, its in beta. it just came out i think like a week ago. give it some time.

 

even if it never works right, the concept of the site is pretty cool, if not yet the reality.

The concept is cool, but it says that my house is worth $20,000 - $30,000 less than it actually is. 

*sigh* a house is only worth what someone is willing to pay for it.

oh check it out. the new zillow is more popular than the winter olympics!

 

 

 

Alexa to Zillow: You're Bigger Than the Olympics, Baby

 

Friday, February 17, 2006, by Jeremy

 

--------------------------------------------------------------------------------

 

2006_02_zillowmove.jpg

 

 

 

What word is the big gaping maw of the internet whispering in our ears? Bode? Kwan? Weir? Teter, even? No. Zillow: now 11,000% more popular than before (it was live)! If only home prices could do that ...

 

· Movers & Shakers [Alexa]

· Zillow Update: Bargain Hunting Time! [Curbed]

 

Reader Comments (2 extant)

 

 

1.

I wonder what percentage of Zillow's traffic are people that just get errors, try multiple times and then just leave?

 

By user at February 17, 2006 09:36 AM2.

 

It's interesting only as a measure of people who have installed the Alexa toolbar. But that's about it.

 

By Anonymous at February 17, 2006 11:37 AM

 

 

link:

http://www.curbed.com/archives/2006/02/17/alexa_to_zillow_youre_bigger_than_the_olympics_baby.php

I checked my house and it shows a wacky value history - a huge peak around 2000 or so, then a dip, weird stuff...not related to 9/11, not related to the riots, so I don't know what the story was...couldn't get it to come up on my wife's mac or I'd be more specific...

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