Profile picture for CMM0517

Should I sell?

It appears Zillow has listed our home value $21k above what we paid for it. Should we try to sell now? We aren't looking to move, but it seems that is a great value.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 06 - US
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (3)

Please do make sure about the value, by contacting a Realtor in your area for a professional estimate of value (CMA).
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 06
I think if your contemplating it you would be well served to contact a local Realtor and have a market analysis done.  Zillow prices are a great starting point but I would venture to guess wrong 100% of the time.  They use a computer program to guess price.  They do not personally know your home, a Realtor can view your home and give you an idea based on comps in the area.  If after meeting with the Realtor you believe it is worth the move then do it.  Interest rates are super low and I do believe now is a great time to be moving up.  These rates are not going to stick around forever!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 06
Profile picture for sunnyview
No. You should not sell unless you want to move. Buying and selling is expensive in terms of escrow costs, inspection costs and possible commissions. Even with no agent it is not worth buying and selling for the amount you mentioned.

Also, you need to consider that Zillow gives broad numbers so you may not actually be up 21K, but a local agent could tell you more.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
February 06
 
Related Questions
Capital gain on forclosure home
Profile picture for wetdawgs
Latest answer by wetdawgs
16 hours ago | 3 answers
selling a forclosure home
upload from I phone 4
Profile picture for Ice L.
Latest answer by Ice L.
2 days ago | 1 answers
how do i find out what my house is worth?
Profile picture for Chris Dolland
Latest answer by Chris Dolland
3 days ago | 5 answers
Rent or Sell
Profile picture for Crystal Johnson
Latest answer by Crystal Johnson
June 30 | 12 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.