How Much Is My House Worth? Local Home Value Estimates
The media and industry experts can talk about the housing bubble and decreasing or increasing real estate markets across the nation all they want, but if you are looking to buy or sell a home, knowing the median home value across the nation is not going to help you much. I’ve found in reviewing my own property value on Zillow’s web site over the past few years it just depends what month it is as to what Zillow value on my home is. I find that a $150,000 difference higher and or lower is quite alarming on a 30 day revalue estimate.
Liz Lavette Shorb, an agent with Washington Fine Properties who specializes in luxury homes in the Washington area, says that so far in 2019, the numbers tell a different story: There has been an 18 percent increase in the number of sales in $1 million-plus homes year-over-year, and …