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Old 12-12-2009, 09:51 PM
 
Location: Florida
4,186 posts, read 10,298,476 times
Reputation: 1589

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Find out and share by going to Zillow.com, search your address, click the "charts and data" section header, and look under the "Historical Value Trends" section. Choose percents and it will show you how much percent your home has lost or gained in value over certain time periods. Then state where you live.

Here is how much my home changed in value in the past:

30 days- +1%
5 years- -6%
10 years- +55.5%

I live in suburan Orlando.

Last edited by GLS2010; 12-12-2009 at 10:06 PM..
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Old 12-13-2009, 12:12 AM
 
404 posts, read 950,833 times
Reputation: 361
If you use historic formulas , then your house is still about 52% overvalued. What the hell happened in this country where people fell for the housing scam that a 200k home somehow became 400k in 2 years. I would recommend trying to sell your home, I would imagine the selling price would be closer to 20% greater than 10 years ago if you were lucky.
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Old 12-13-2009, 01:26 AM
 
Location: Hernando County, FL
8,488 posts, read 17,934,538 times
Reputation: 5397
Quote:
Originally Posted by Jesco White View Post
If you use historic formulas , then your house is still about 52% overvalued. What the hell happened in this country where people fell for the housing scam that a 200k home somehow became 400k in 2 years. I would recommend trying to sell your home, I would imagine the selling price would be closer to 20% greater than 10 years ago if you were lucky.
If you use common sense you would know that there is no way you can tell him his home is 52% overvalued.

Unless of course you sent him a private message, got his address and ran comps.

Shake your Magic 8 Ball again. "Reply hazy, try again"
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Old 12-13-2009, 05:59 AM
 
Location: Zurich, Switzerland/ Piedmont, CA
32,342 posts, read 55,140,686 times
Reputation: 15409
Oakland, CA
30 days: +0.4%
1 year: +13.9%
5 years: -0.2%
10 years: +56.2%


Geeze. Talk about wild fluctuations.
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Old 12-13-2009, 08:36 AM
 
Location: a swanky suburb in my fancy pants
3,391 posts, read 7,557,485 times
Reputation: 1584
downtown Philadelphia
last 15 years + 100%
last 2 years -10%
last 1 year no change
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Old 12-13-2009, 10:55 AM
 
Location: Lenoir/Morganton, NC
148 posts, read 532,826 times
Reputation: 113
According to Zillow, my home has gained 60% value in the 8 years since we bought it.
According to reality [what it would sell for in today's market, based on similar sales in the neighborhood, and based on a recent appraisal], it has lost almost 30% value.
The problem seems to be that Zillow relies heavily on local tax records, and our county tax appraisals are way off from the market values, and appraisal values, in my local area.

Last edited by Raine Carraway; 12-13-2009 at 11:21 AM..
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Old 12-13-2009, 08:42 PM
 
Location: Saint Louis City
1,563 posts, read 3,315,233 times
Reputation: 629
South St Louis City:
10 years: + 60%
5 years: + 23 %
1 year: -10.7
30 Days: +3.1
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Old 12-13-2009, 11:42 PM
 
Location: University City
148 posts, read 351,222 times
Reputation: 150
Urban St. Louis as well (Tower Grove South) -

10 years: + 64.4 %
5 years: + 12.7 %
1 year: + 20.6 %
30 Days: + 0.4%

My old house in Suburban St. Louis (St. Peters), for (maybe) a more balanced look at the region.

10 years: + 36.0 %
5 years: + 11.7 %
1 year: + 0.2 %
30 Days: - 1.9%

Last edited by CoffeeAndBeer; 12-13-2009 at 11:52 PM..
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Old 12-14-2009, 01:03 PM
 
22,769 posts, read 26,205,362 times
Reputation: 14558
Quote:
Originally Posted by Raine Carraway View Post
The problem seems to be that Zillow relies heavily on local tax records, and our county tax appraisals are way off from the market values, and appraisal values, in my local area.
I disagree. Tax records contain:

A) Sales prices
B) Tax values

in the state of North Carolina, zillow uses (A), not (B).
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Old 12-14-2009, 01:46 PM
 
12,825 posts, read 20,132,535 times
Reputation: 10910
30 days- -5K
5 years- No change
10 years- +300K

Central San Mateo County, an "inner" but woodsy suburban / exurban area of SF.
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