Find the value of your home

I recently read an article regarding a new site, www.Zillow.com This site is designed to provide information regarding appraisals of houses across the US.

Funny thing is, that it is inaccurate at best. I ran the tool for several house for which I happened to know the listing price and found that the site is anywhere from 20 to 50% off depending on the area where I conducted the search.

This site is a brilliant idea as it will give current homeowners and idea of what their houses are worth, and further it will give potential buyers a clue what houses in a neighborhood should be going for. This tool will give buyer's the power to negotiate better when it comes time to make an offer.

The bottom line is that an idea has to start been developed somewhere. This site is a good start, but they have a lot of room for improvement. A site that takes this to the next level can be found by clicking here. This folks really have this down, unfortunately for some of you, it is only good for CT and Mass.