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coldwell banker's home value estimator... how accurate is it?
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MarathonKnitter
HAPPY
Member since 2/07 17374 total posts
Name:
EMBRACING CHANGE
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coldwell banker's home value estimator... how accurate is it?
COLDWELL BANKER'S HOME VALUE ESTIMATOR
have you guys tried it out? what do you think about it?
it gave me an estimate between 311,814 and 392,631. i paid 315,000. does this mean that if i "pretty it up" i can get as much as 392,000 in this market?
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Posted 4/22/07 8:17 PM  |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: coldwell banker's home value estimator... how accurate is it?
i wouldnt trust those online things - there are other variables that go into pricing that can't be calculated - like the inside condition.
I typed in my house - the lowest number was above what we paid.
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| Posted 4/22/07 9:38 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: coldwell banker's home value estimator... how accurate is it?
I figured the range they gave was about right.
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| Posted 4/22/07 9:41 PM |
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alisonggg
Cutie
Member since 3/06 4749 total posts
Name:
a
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Re: coldwell banker's home value estimator... how accurate is it?
it seemed REALLY high for us.. we bought our home in jan 2006 for 380,000... it said between 407,000 and 480,000..... I wish lol 
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| Posted 4/22/07 9:58 PM |
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sunnyplus3
:)
Member since 11/05 8749 total posts
Name:
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Re: coldwell banker's home value estimator... how accurate is it?
the range is almost 100k wide for my house....that's too big for it to be believable.
I checked another property of ours & it was dead on.
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| Posted 4/22/07 10:15 PM |
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hbugal
Lesigh
Member since 2/07 15928 total posts
Name:
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Re: coldwell banker's home value estimator... how accurate is it?
I wouldnt rely to heavily on it...it is basing the price of your house on Comps in your area these may be anywhere from a 6 months to a year old...the market is over saturated right now and house prices have gone down..The home value estimator might help you should you be wanting to take out a home equity loan but not if you are planning on selling your home..
It gave me a value of 465K to 605K.
My house is worth about 400K to 425K in todays market...so its way way way off for me.
Message edited 4/22/2007 10:55:32 PM.
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| Posted 4/22/07 10:50 PM |
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