I Got a Laugh from Zillow Today
Today I had an email in my inbox from Zillow. It read "Your Zestimate has increased 1.1%". I opened up the email and immediately started laughing out loud - yes, folks, I was lol-ing all over the place!
Zillow proclaimed to me that my house was now worth $190k.
Now, being a very realistic real estate agent, I know what the value of my home is worth.
I did not buy a beautiful house in a new neighborhood. I followed the rule of real estate and bought the "worst house on the best street I could afford".
So, during this horrible market, my home has actually increased in value, even though there are definitely times when I wish I was in a more aesthetically pleasing house.
But I digress. Let me just state that the house across the street, albeit with more square footage and a more updated kitchen, just sold for $535k. And another one down the street just sold for $450k. These two homes are in the same block that I live in.
Zillow - thanks for the laugh, but "I DON'T THINK SO".