Ladies and Gents, I'm evaluating an east coast to west coast move, and am debating whether or not to sell my current residence (single family home) or to rent it (and while that's an entirely different discussion, but my current question factors into that discussion). I've been looking at sites like Zillow, Redfin, and Trulia to get a ballpark value estimate for my property, and they tend to estimate its worth at between $310k to $330k, which I think is in the right ballpark based upon recent sales in the area. Then I looked at my home-owners insurance company's estimate, which is totally throwing off my guesstimate -- they estimate its value at $350k. I'm assuming that the insurance company is inflating the numbers a bit for a number of reasons (higher premiums for a start), but I have done some work to the property (new roof, new windows, new HVAC, encapsulated crawlspace) that I'd like to think increases the value a bit (and would make me much happier if I do sell!). In general, which estimate is more accurate?
Thanks!