How can you figure out the *real* value of a home?I am confused about how to formulate a fair bid on a home. Specifically, I am looking at a 3/2 in Fremont, CA. They want $575K. This figure is much higher than the mid-value listed here. Also, its anywhere from 50K to 100K higher than the values zillow posts for homes in that neighborhood. Granted the home I am looking at is in move-in condition, but I can't see paying so much more than the value of the homes around it. Am I correct in looking at it in these terms?April 03 2009 - Northgate00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.