So how much value do you put on home valuation sites such as Zillow.com?
There have been many times that I have looked at a property to compare to a list price and about half the time they are right and half the time it is way off. How does this help any consumer? I think it is fun to go look at Zillow and pull up my own house and compare it to a negihbors house or look up my families homes. I just have a hard time putting any stock into it.
They are so many outisde influences that affect the value of the property. What does the neighborhood look like, what are the market conditions at the time, has the house been remodeled recently, etc... I think it is still important to have a professional perform a market evaluation not only for the seller, but for the buyer as well.
I think using it as a tool combine with other information sources, could be beneficial, but not alone.
What do you think? Will it every replace a professionals opinion of value.