The house search continues as we try to see how much our parents’ house is really worth and if we can afford to live near them. Besides Zillow.com, I also like the home valuation tool from HomeGain, where you can get a real estimate from a local real estate agent for your house. It’s low pressure, they just e-mail you their estimate and ask if you are looking to buy or sell right now. We were definitely surprised by the number – Zillow was off a lot, mostly due to wrong square footage.
What I really like is that you also get a listing of actual houses that sold recently in the area, with all the stats like address, sale date, square footage, bedrooms, year built, and of course price. And you can keep getting updates every month for free. That way, you can do your own comps and try to spot trends. Burst, bubble, burst!