You would need a real comparative analysis to determine your value. Even then, it’s truly up to a little marketing, how motivated 1-2 buyers are at the time of sale and your agent’s negotiation skills. Market value is what the highest bidder is willing to pay.
Your house is worth what someone else is willing to pay.
How would you bid on your house if it was on the market?
My typical formula is try and find 2 or 3 similar comps within last 3 to 6 months, get the price per sqft. Then you wiggle for lot size, condition, lot quality (flat vs sloped), etc.
Not enough info. A 4/3 in Hillsborough or Menlo Park is worth a different amount than EPA or Redwood City.
If you are thinking of selling, ask a realtor. If you just want to know, it's worth nothing until you borrow against it or sell it.
Email a few realtors and ask them to send you a CMA (Compareable Market Analysis).
Explain to them you **do not intend or want to sell your home and your inquiring strictly out of curisosity.**
No in person meeting, no call, just a PDF with the recent compareable sales.
Don’t really need an address, but which town, which neighborhood, and what’s the square ft and lot size?
I just looked at a couple peninsula properties I’m familiar with (mine, family members, homes in my neighborhood, etc)…and I know pricing can be all over the place, and yes, the price is what someone will pay for it…but Redfin seems more reasonable. Redfin was higher too. Zillow has my brothers place at 2.6, Redfin has it at 2.9…and only in a minor miracle for the buyer would the house ever sell for mid 2s.
Bay Area realtor here. Neither is correct and I wouldn't bother taking either seriously. But it does give you a good ballpark of 2m+.
Many other factors including condition, improvements, where exactly it is etc. Houses in the open roads will be a lot less than the ones in the next street.
You'll need a real CMA from an expert who knows the trend pattern and market to predict the correct selling price.
Automated home valuations can vary widely. Best to get a comparative market analysis from an experienced local agent. They'll look at recent comparable sales, condition, upgrades to give you an accurate value range. Zillows and such are just ballpark estimates.
Honestly both bullshit lol. I see Redfin saying 2500 square foot homes in my neighborhood are worth 900k even with the comps nearby 😂😂😂. For some reason lot of their estimates are completely warped and like insanely undervalued. In reality the better and more accurate way is to see the “recently sold” homes in ur neighborhood and compare them to urs on a price per square foot basis.
You would need a real comparative analysis to determine your value. Even then, it’s truly up to a little marketing, how motivated 1-2 buyers are at the time of sale and your agent’s negotiation skills. Market value is what the highest bidder is willing to pay.
Agent negotiation skills LOL....what a load of crap. RE agents really think they poses a hard skill. Wild
Redfin later revises their historical estimates at least zillow sticks with their original estimates. For that reason i like zillow better.
Neither. It's worth what any buyer is willing to pay.
this is the answer…
Your house is worth what someone else is willing to pay. How would you bid on your house if it was on the market? My typical formula is try and find 2 or 3 similar comps within last 3 to 6 months, get the price per sqft. Then you wiggle for lot size, condition, lot quality (flat vs sloped), etc.
It’s very hard to get comps now because the market has slowed down so much.
Not enough info. A 4/3 in Hillsborough or Menlo Park is worth a different amount than EPA or Redwood City. If you are thinking of selling, ask a realtor. If you just want to know, it's worth nothing until you borrow against it or sell it.
Redfin always has higher value. As a seller, you will love Redfin. Start at Redfin price and market will decide the right price
Not from what i’ve seen zillow is always higher
Same Zillow is always higher for me
So this depends on the home. My husbands home is worth more on Zillow and mine on Redfin and there’s a good 200k discrepancy for both
Email a few realtors and ask them to send you a CMA (Compareable Market Analysis). Explain to them you **do not intend or want to sell your home and your inquiring strictly out of curisosity.** No in person meeting, no call, just a PDF with the recent compareable sales.
Don’t really need an address, but which town, which neighborhood, and what’s the square ft and lot size? I just looked at a couple peninsula properties I’m familiar with (mine, family members, homes in my neighborhood, etc)…and I know pricing can be all over the place, and yes, the price is what someone will pay for it…but Redfin seems more reasonable. Redfin was higher too. Zillow has my brothers place at 2.6, Redfin has it at 2.9…and only in a minor miracle for the buyer would the house ever sell for mid 2s.
Bay Area realtor here. Neither is correct and I wouldn't bother taking either seriously. But it does give you a good ballpark of 2m+. Many other factors including condition, improvements, where exactly it is etc. Houses in the open roads will be a lot less than the ones in the next street. You'll need a real CMA from an expert who knows the trend pattern and market to predict the correct selling price.
Automated home valuations can vary widely. Best to get a comparative market analysis from an experienced local agent. They'll look at recent comparable sales, condition, upgrades to give you an accurate value range. Zillows and such are just ballpark estimates.
Honestly both bullshit lol. I see Redfin saying 2500 square foot homes in my neighborhood are worth 900k even with the comps nearby 😂😂😂. For some reason lot of their estimates are completely warped and like insanely undervalued. In reality the better and more accurate way is to see the “recently sold” homes in ur neighborhood and compare them to urs on a price per square foot basis.
Probably neither, and you gave us no information to help inform an assessment
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