What is average home value drops over the past 2 years on older homesWe have an older home that has not been updated, but is in good condition except for nneeding a new roof, paint job and possibly taking up carpet and revealing Oak flooring. The home is a brick ranch with 3 bdr. 2 bath, formal LR,DR and an in-law appartment attached to the sunroom.. It has been on the market for 5 years. It sits on 4 1/2 acres. What is average drop in home values over the last 2 years April 11 2011 - Toccoa00YesReport 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.