what is my condo worth>

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December 20 2009 - South Boston
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Answers (4)

Profile picture for RE by Design
Typically, when people ask that question they really want to know the current market value of their home for selling purposes, so I'll respond to that. If you have other reasons behind the question, please clarify.

You can type your address in Zillow and see its 'Zestimate' as long as you understand that this is an estimated value calculated by the software, which gives you an averaged approximated price based on what sells in your neighborhood at a time of estimate.

To figure out your condo's value closer to what it can sell for you'd need to talk to a licensed RE Agent. Let an agent do a Comparative Market Analysis, see the property's current condition and adjust accordingly to reflect the real market value. Contact me, if you are getting ready to put your home on the market. I'd be happy to assist.
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December 21 2009
Profile picture for sunnyview
Zillow does not give market values but they do have a Zestimate of value. You can read more about what that is here. On Zillow, you can go here type your address in the box next to the"Find Homes" menu and hit the blue GO button. You should see a map and Zestimate value come up if Zillow has one available. You can also ask an agent for a CMA or hire an appraiser for a more specific idea of value. Hope the links help. 
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December 21 2009
Hello:

If you are not willing to have some Realtors over to give you a price you may be able to do it your self.  Find out what the other units in your building are selling for and then look at the area within .5 miles around you.  I would not look at any sales more than 6 months old, and you must consider foreclosures and short sales.  Market value is determined by what a willing and able buyer would pay for your home within a certain time frame usually 6 months.  This will give you a value range, and the "list price" is a strategy between you and the Realtor.  Best of luck.
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December 21 2009
Profile picture for Heidi Zizza REALTOR
You need to provide an address to have that question answered.
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December 21 2009
 

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