February 7, 2006 9:00 PM PST
How much is your house worth? Zillow knows
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The site offers valuations on more than 40 million homes in the United States, with some data on an additional 20 million homes, Zillow.com said. There are an estimated 85 million single-family homes in the country, said Spencer Raskoff, Zillow.com's chief financial officer and vice president of marketing.
The ad-supported site also offers historical value changes for homes in chart form; historical value changes for homes as compared with the surrounding ZIP code, city, state or country; all comparable home sales in an area; and satellite, aerial and parcel views of homes.
Users can also create confidential personal worksheets on individual homes and use a tool that lets them refine the value of a home based on changes or additions to that home, such as a kitchen remodel. The tool calculates the remodel value for the area based on local remodel data and depreciation.
The site does not require users to enter any personal information and promises that no one will contact the user.
There are numerous real-estate Web sites now, including
"Listings are out there--sites that help people find what homes are for sale," he said. "But home valuation information is every bit as important as listing information, and yet it's unique, differentiated and hard to find."
Zillow.com, the name of which comes from the word "pillow" and the notion of zillions of pieces of data, was founded by Expedia founder Rich Barton and former Expedia senior vice president Lloyd Frink. It has raised $32 million in funding from Benchmark Capital, Technology Crossover Venture and other private investors.
The Web site was inundated with traffic and inaccessible on Wednesday, but it was expected to be reachable later in the day, a Zillow representative told CNET News.com.
See more CNET content tagged:
valuation,
Expedia Inc.
in the case of my house their valuation is close to one-quarter of
the actual market value of the house -- and in an urban market
that changes little from year to year. The comparison is an insult to
Kelly.
?We do not support the Safari browser yet.? Then I open the site in
the least standards-compliant browser even conceived?Microsoft
Internet Explorer?and it opens right up. How can they support a
sloppy browser that was discontinued three years ago, but not the
current, standards-compliant choice of millions?
Bad show, guys. Bad show.
Doh!
Whether you are a Home Buyer, Seller, Real Estate Investor, or just looking for some real estate advice, you'll find a wealth of valuable resources there.
Please feel free to participate by posting your real estate questions and advice.
www.westlist.com
Whether you are a Home Buyer, Seller, Real Estate Investor, or just looking for some real estate advice, you'll find a wealth of valuable resources there.
Please feel free to participate by posting your real estate questions and advice.
http://www.westlist.com
integrates how much homes SOLD for nationwide using the google mapping
technology. Simply select city and state from the city menu and click
search. If you don't see data for your area simply email
HomePriceMaps@gmail.com with your zipcode and or address and they'll
update the site with your info and email you within a few days.
Realtors: We are now offering a real-estate mapping package for real estate professionals like yourself which would allow you to map and display your MLS listings and/or real estate listings on the your website. Feel free to contact us if you would like to discuss our technologies and competences.