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Updated over 4 years ago on . Most recent reply

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78
Posts
40
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Michael M.
  • Investor
  • Bronx, NY
40
Votes |
78
Posts

How much is my house worth?

Michael M.
  • Investor
  • Bronx, NY
Posted

What do you NYC people use to determine the value of your property?

Zestimate is way different from realtor.com and redfin.  NYC valuation is always off.  

I figured going off recent sales would be best.  Would you just use zillow to look at this, or is there a better way?

Short of hiring an actual appraiser, what do you use?

Most Popular Reply

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3,673
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3,452
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,452
Votes |
3,673
Posts
Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied

@Michael M. you can either do it by yourself or have a broker do it!

1. Look at homes in your area that have sold, similar finishes, sqft, etc, and average the sales price.

2. Call a broker and ask their opinion. Most likely they will perceive you as a potential client and will be most helpful at giving you an accurate sales number (careful of agents who puff the number up to make you happy)

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