How Much is Your House Worth?

<p>$1,923,000 it's actually very low compared to the rest of my neighborhood</p>

<p>i actually found my zip code on the forbes list- It is Old Westbury(11568)</p>

<p>Public Facts:</p>

<pre><code>* Single family
* 3.0 bath
* 3,951 sqft
* Lot 101,494 sqft
* Built in 1951
</code></pre>

<p>


</p>

<p>That's pretty much the truth. They just issued a 10 billion dollar note. I read on the Economist that the record is Hungary, in 1946. It issued a note worth 10 000 000 000 000 000 000 units of its currency at the time. Hyperinflation really isn't pretty. At that point, the currency is virtually worthless. In Germany in 1923, housewives burned papiermarks for fuel, because they were worth less than firewood.</p>

<p>What's the point of this thread?</p>

<p>If it's to compare, that's entirely useless. The exact same home/yard in Connecticut is going to cost a whole lot less somewhere like Virginia.</p>

<p>$918,000
a little low...my parents told me our house is worth more like 1.2 mil</p>

<p>JOhnson, you are right in the fact that this thread is useless, because the "same" home's price tags would change from location to location. However, VA house prices are rising to crazy levels right now, much higher than Connecticut. Or at least it seems like it to me. But then again, I do live only an hour away from Washington D.C., so house are more sought after here.</p>

<p>"What's the point of this thread?"</p>

<p>ditto. Is this some kind of pathetic contest? I live in apartment. Pity me.</p>

<p>How much is your monthly rent?</p>

<p>$600.</p>

<p>Again, what is the point of this thread?!</p>

<p>Lol at all the people who are complaining that there is no point... </p>

<p>Half of the threads on this forum have no point and are either to brag or curiosity...</p>

<p>We just bought it for 1.6m but on zillow it says 1.2m.</p>

<p>I love living in the Atlanta area...</p>

<p>3200 sq ft
5bed, 3.5 bath
.5 acre lot
Built in 1995
Nice location, near shopping.
Woods and such. Quiet.</p>

<p>A place like this would go for at least 1mil on Long Island or the NYC area, more in Cali. Here? 220K :-)</p>

<p>140K
bought it for 150K a few years ago. i think it's worth about that much now.</p>

<p>KCMO. i would much rather live in this house than a 10X12 condo in NYC for double the price.</p>

<p>
[quote]
We just bought it for 1.6m but on zillow it says 1.2m.

[/quote]
</p>

<p>That's because real estate is TANKING in the Northeast/Midatlantic, and everywhere else it was hyperinflated. Steady growth ftw!</p>

<p>the whole formula they use to come up with numbers is off. one of the properties it has near mine is valued on zillow at around 2 million, but was just listed at 14.7 million. </p>

<p>it looks like it's just bedroom/bathroom and then based on comps they use the square footage and guess what your property might sell for, it doesn't even look like they take lot size into consideration</p>

<p>
[quote]
We just bought it for 1.6m but on zillow it says 1.2m.

[/quote]
</p>

<p>z0mg you shoulda showed this to their realtor and been like "YO ZILLOW SAYS 1.2 TOPS, **** THIS 1.6 ********"</p>

<p>Do you seriously believe that everyone would tell the truth? Besides, with the geographic differences, there is no comparisoin. My aunt and uncle have a house smaller than ours with way less land in Hawaii and it costs like 7x more.</p>

<p>About 100K too low according to recent comp sales. Then again they have my house as being 25 years older than it is and it also states that the last major upgrade was done way back in 1930.</p>

<p>I checked two local homes: ours and my best friend's. We were shorted a bedroom; they got an extra bathroom. Also, the estimate on my parents' home is off by about $500,00 or so, too. Plus, the site doesn't have them with the ocean as their front yard, which it is. So, accurracy's a little bit off. LOL</p>

<p>zebes</p>

<p>My friend has a 5-bedroom home and it listed it as 2-bedroom with 2.25 bathrooms. I'm not sure what .25 of a bathroom is, and neither is she.</p>

<p>A full bath has a sink, toilet, and place to bathe. A .5 bathroom has a sink and toilet. A .25 probably just has one thing.</p>