Redfin estimate
Is it reliable? I bought a condo one month ago and it says I already made a 5% gain
doesnt matter.
could be true lol. But you’ve paid probably close to 1% in interest already and would need to pay agents 6% to sell. Shouldn’t work off small percentages in real estate
Also you need to sell to get it lol my house allegedly has gone up $100k then down $30k compared to buying price over two years. Despite renovations, adding bathroom, updating roof, electric etc and homes on my block that are smaller and less updated selling for more than j bought my house for (and the new homes have the bad interest rate compared to a few years ago). So I don’t consider it that reliable nor do I worry about it
I recommend to get an average of Redfin, Realtor and Zillow
Lol it means jack 💩
Redfin is an estimate +/-10%, so it falls within the error. Check prices of surrounding homes and see what things are selling for. It’s possible it has gone up — some areas in the us are increasing — like Santa Clara county. But other areas i would be careful about. It’s all about the jobs. If an area has a ton of growing companies, that is real estate gold.
I can make a tamper monkey script that multiplies redfin value by 10, will you buy it for $10k?
You didn't make anything if you're still living in it
I made crunches in the condo every morning
Good luck paying for good or services with said crunches
In Bay Area you add $250k on top of Redfin estimates.
Yeah, 5 % gain is on paper, your realtor and title company will eat a lite more
Real estate is not stock market!!!!
Why not? Av yes it’s even more absurd? Agree
Yes it's exactly like stock market. Try cashing out your 5% then rinse and repeat! Lol nowadays kids want everything fast