By the way, zillow.com says your house is worth around $525,000.
Gods. I think that's a bit too optimistic an evaluation too.
Zillow says they use comparable houses in our immediate area but since there is only one house in our neighbourhood which isn't of the same design & year as ours and few have sold any time in the past couple of years, they must be casting a wide net.
Mercifully, the state only values our house at something like $365,000 currently... they re-evaluate every other year and property taxes can rise no more than 10% each year so even this year's increase is still catching up for turn-of-the-millenium property value increases.
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Re: Another optimistic seller
Date: 2006-07-27 05:08 pm (UTC)Gods. I think that's a bit too optimistic an evaluation too.
Zillow says they use comparable houses in our immediate area but since there is only one house in our neighbourhood which isn't of the same design & year as ours and few have sold any time in the past couple of years, they must be casting a wide net.
Mercifully, the state only values our house at something like $365,000 currently... they re-evaluate every other year and property taxes can rise no more than 10% each year so even this year's increase is still catching up for turn-of-the-millenium property value increases.
It's all simply insane.