Website estimates differ greatly from sold prices

    Hi everyone,

    This is a friendly warning to be wary of popular Real Estate websites… they don’t know the market as well as your local experts.  Always trust a Realtor over a web-based Real Estate network.

    Here are some examples of how off some of their home value estimates can be… these are what a few of our listings sold for versus what the “popular website” valued their home at:

    Sold prices compared to popular Real Estate website’s estimate

    Our Listing Actual Sold Price Their Estimate Difference
    711 W. Mountain $552,000 $526,482 $25,518
    125 N. Bryan $342,000 $266,888 $75,112
    706 Eastdale $420,000 $247,962 $172,038
    229 West $560,000 $388,820 $171,180
    924 W. Mountain $770,000 $703,823 $66,177
    524 W. Mountain $415,000 $262,978 $152,022
    908 Sycamore $629,000 $284,082 $344,918
    316 N. Loomis $432,500 $279,461 $153,039
    519 Locust, Windsor $265,000 $251,441 $13,559
    922-924 E. 8th, Loveland $305,000 $289,901 $15,099
    405 Mason Court #214 $269,000 $223,408 $45,592
    2037 Tunis $309,000 $297,879 $11,121
    1605 Maple $312,000 $297,710 $14,290
    1104 Fairfield, Windsor $350,000 $330,810 $19,190

     

    We just sold another home for $50,000 more than another Broker suggested on price! Don’t under price your home! Market knowledge is everything.

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