| How Much is Your House Worth?Yesterday
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| | investment. This gives both buyers and
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| Zillow announced the launch of their real
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| | sellers an real-time view of the local
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| estate information site, offering free
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| | housing market.How Will Remodeling Affect
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| valuations on more than 60 million homes
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| | Your House Value? The Zestimator tool
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| across the United States. You can see the
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| | allows you to play "What If?" scenarios,
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| estimated value of your house, your
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| | to estimate the impact of adding a room,
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| neighbor's house, or just about any other
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| | finishing the basement, or remodeling the
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| home in the country -- whether it's for
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| | kitchen. Plug in your changes, and Zillow
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| sale or not. That's cool. Just enter an
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| | re-calculates the new value for your home
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| address, and you can view not only the
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| | based on local remodel and depreciation
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| valuation, but all of the info below for
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| | data.There are many factors that Zillow
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| every home in the neighborhood:Number of
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| | may not be able to take into
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| bedrooms, bathrooms, square footage, lot
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| | consideration when estimating the value
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| size, stories and year built.
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| | of a home, so it's still a good idea to
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| Historical value changes, charted over
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| | hire a professional appraiser to evaluate
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| the past year, five years or ten years.
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| | a property, if you're serious about
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| All comparable home sales in an area.
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| | buying or selling. But do try Zillow to
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| Satellite, aerial and parcel views (if
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| | get an estimate of the market value of
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| available)Best of all, is free, and does
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| | your home, a neighbor's home, or a home
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| not require you to register, subscribe,
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| | in a neighborhood where you might be
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| login or enter any personal information.
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| | considering a purchase. It's also a
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| That's VERY cool. Zillow CEO Rich Barton
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| | great tool if you're curious about what a
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| sums up his philosophy like this: "We
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| | neighbor's house sold for.Reprinted from:
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| believe you shouldn't need a computer
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| | RANKIN... is a tech writer and computer
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| science degree or a real estate license
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| | programmer who enjoys exploring the
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| to find out what a home is worth. That's
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| | Internet and sharing the fruit of his
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| why we created Zestimate values,
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| | experience with others. His work has
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| providing free and instant valuations for
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| | appeared in ComputerWorld, NetGuide, and
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| millions of homes in America."For the
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| | NY Newsday. Bob is publisher of the
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| true information addicts, Zillow's
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| | Internet TOURBUS newsletter, author of
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| estimated values are updated daily, so
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| | several computer books, and creator of
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| you can track the value of your
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| | the website.
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