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Local Info in 94605 : Real Estate Advice

  • All36
  • Local Info5
  • Home Buying18
  • Home Selling1
  • Market Conditions3

Activity 5
Fri May 29, 2015
Trulia and zillow both seem to have pretty good models and can give you a good idea of what your home is worth.

Zillow seems to be more based on what has sold where Trulia seems to be more predictive and seems to take into account the direction of the market.

Therefore if you are refinancing the value Zillow will give is most likely what the appraisal will be if you are selling the value given by Trulia will give you a much better idea as to where to price it.

Either way these are computer models and you need to know they reflect homes in the condition they have sold in. You must adjust for the condition of the home. So if you are in a brand new tract of homes and they are all the same model these computer models will be dead on. In the real world one house can be completely run down and another can be completely refurbished. The difference can easily be $100,000 and the computer models have no way to take that into consideration.

Also if you decide you want to sell by owner you can usually subtract another 8% or so from what it will sell for.
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Fri May 22, 2015
PIFA answered:
Look on redfin. What has sold with similar square feet as yours? Does it have similar upgrades? This will give you a general idea.
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Fri Jul 12, 2013
Alison Hillman answered:
Hi Jacbro,

That's a great question! I would recommend working directly with an agent to get specific questions answered:

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Tue Jun 18, 2013
Pacita Dimacali answered:
There is no definitive answer to that question unless you have a magic crystal ball that is infallible.

What makes some communities more desirable than others and as such, raise property values?

As a community, the residents of Millsmont could band together to show the property in the best possible light.

For example -- organize a Neighborhood Watch if you don't have one already

Look out for each other in terms of maintaining curb appeal -- some property owners may have elderly or sick residents who can't do yardwork. Organize groups to help and do what's necessary to maintain the yard...maybe even repaint...

Encourage people with garages to put their cars in the garages instead of having too many cars on the street, Beat-up vehicles littering the area will hardly help beef up market values.

Organize block parties --- get to know each other. Create a high level of neighborliness.

And so on...
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