What's it worth, baby?


The pitch: The Equifax Home Valuator™ will improve your knowledge when buying or selling a home and is a good way to measure the value of most any home.

...I dug (ok, clicked) a little bit deeper and found their nifty little disclaimer - Sellers: The value range of your home reflects the price of comparable homes sold in your neighborhood. The condition of your home, any improvements you've made, and fluctuations in the real estate market will determine your home's true market value. Before pricing your home for sale, consult a real estate professional and/or certified appraiser for a comprehensive market analysis. I am not sure what their sources are for their data, but if they are pulling tax data that is at least a month old (and frequently more) they are demonstrating the saying about a fool and his money ....

From Inman's Blog -
Another attempt at selling home valuations, this time by Equifax.
The pitch: The Equifax Home Valuator™ will improve your knowledge when buying or selling a home and is a good way to measure the value of most any home. When buying a home, you'll be in a stronger position to negotiate a favorable price. When selling, you'll better meet your goals of selling quickly or getting the best price. Just curious? See the range of what your home is worth.
The price tag: One property search: $6.95, 10 property searches: $19.95

I dug (ok, clicked) a little bit deeper and found their nifty little disclaimer - Sellers:
The value range of your home reflects the price of comparable homes sold in your neighborhood. The condition of your home, any improvements you've made, and fluctuations in the real estate market will determine your home's true market value. Before pricing your home for sale, consult a real estate professional and/or certified appraiser for a comprehensive market analysis. I am not sure what their sources are for their data, but if they are pulling tax data that is at least a month old (and frequently more) they are demonstrating the saying about a fool and his money ....

Posted: Sun - March 6, 2005 at 09:58 PM         |

©