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Location: Denver, Colorado, United States

Tuesday, February 14, 2006

New Free Online Valuation Service Is Dynamite

There is a new free web resource available to determine the estimated value of your home. It is called Zillow.com and will quickly provide an estimate of your residential property value. The site, presently in Beta mode, is not perfect so estimates may be more accurate in some areas than in others. The Colorado home-value data I have seen thus far looks a little on the low side but is still pretty decent.

If you are exploring the possibility of refinancing or selling your home to pay off debt it is a good tool to determine the amount of equity (value of your home less what you owe on it) you have to work with.

It is a nice tool and nobody will try to sell you something. :) It' s a fun tool to go back and look at homes you use to own too! Go check it out and contact me if you have any questions.

-Bill Burniece

1 Comments:

Blogger Bill said...

Information on home values used to be tough to come by - without the help of a realtor, appraiser, or loan officer. This is a great tool for consumers.

3:42 PM  

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