Monday, March 15, 2010

Website e-Property Valuations
There are many ways to get an e-property valuation.

Several websites have popped up over the past few years offering this service.
These sites use public information such as # of bedrooms, # of bathrooms & square footage to determine values of homes by comparing to recent sales.
Some limitations are lack of necessary details in the tax records to be able to perform the comparisons, incomplete or incorrect data or trying to compare homes on cul-de-sacs or with redone kitchens with those lacking updates or on busy roads--the kinds of details requiring a person to filter thru.

www.Zillow.com - Accuracy is advertised as approximately 20%


www.HouseValues.com - you complete a form and the site forwards your request to a licensed real estate agent

www.cyberhomes.com - enter your address and get a nice page of overhead imagery, trend charts and a summary from tax records. Try using only your zip code. When I tried city and zip code, it couldn't find my house.

If you want a hybrid of these features, try the e-CMA route. You need to provide an address, # BR, # BA, # car garage and a brief list of updates performed. You often will get a response in a day or less. Click HERE and then select Expert Answers.

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