Thinking about buying a place in Seattle. What is the best way to estimate a home's place? I don't trust Zillow and Redfin. I found a home whose value is way less on a website called www.homes.com. Where to go to get a relatively accurate value? Any recommendations?
Use a real estate agent
Was told by our real estate agent that redfin is actually pretty accurate. They pull their listing info from the MLS
Only an agent could make an estimate. They can walk inside and review actual comps.
Agreed. There's too much that isn't available via MLS that only an agent, which has seen hundreds if not thousands of homes, would know adds or subtracts value
My county’s Real Estate Assessment website lists all the assessed values of any property. Lately the county value assessment is at least 25% lower than market value. But I find it a good starting point to understand what would happen if we were to hit a recession.
Thanks for your reply. Is your county in the Seattle area?
I think redfin is pretty accurate. Check out the sold price and redfin estimate price. It is pretty close.
Redfin is really quite good, the owner can put info like recent remodels too to get a better estimate.
Look at the zillow neighborhood lot lines, then look at previous sales and make your own estimate based on similar homes. I have used this method for all 8 of my rentals and have been very close to appraisal numbers.
I think we should be the most accurate one, but still there are things you just can't use algorithm to come up with a super good estimate like visual apparence, interior design/remodeling etc. You can use an (Redfin) agent to do the last mile fine tuning ;)
Thanks for the tip!
World Conflicts
Yesterday
611
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say
Personal Finance
Yesterday
1204
Thank you AAPL and NVDA
World Conflicts
Yesterday
528
Is "From the River to the Sea" So Wrong?
Tech Industry
Yesterday
1659
Do people underestimate E6 role at meta?
India
Yesterday
660
'Hindutva': The Radical Hindu Ideology That Seeks to 'Push Christianity Out of India’
Average out Zillow and redfin estimates