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Zestimate

Your zestimate is killing me!  When I bought my home in 05 it was valued at 376,000 yet your estimate shows 297,000.  No way has it devalued that much in this beach market area.  No wonder people get the impression the price is too high.
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September 29 2011 - Kill Devil Hills
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Answers (4)

You can talk to any local agent for information about your market by the way, not just the person you purchased your home with,unless of course you have maintained a business relationship with them. If you are not thinking about putting your home on the market don't sweat it, we use the MLS as reference not search engines.
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September 29 2011
Profile picture for sunnyview
You need to talk with the agent that you bought your house with. It looks like the market has softened in your area since 2005. Beach communities are desirable, but the change in how second homes are financed and the change in the employment market has changed the demand/prices for them.

The market is lower since you bought. If you want to know by how much, I would contact a local agent in your area and get the most recent sold prices for houses like yours. Zillow is not an appraisal all they see is numbers/trends. A local agent will have the most up to date information on recent listings and sales, the % of change in your market and will be able to give you an idea of where you stand.
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September 29 2011
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Preferred a direct answer rather than roudabout discussions
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September 29 2011
Profile picture for wetdawgs
There are some interesting market data for your town here.
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September 29 2011
 
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