Her House Is Worth WHAT?

Find out the value of most any home in the U.S.

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Wanting to know what your friend, neighbor or boss paid for his house is a natural urge, like rubbernecking. Now you can find out easily.

All you need is an address. Then visit zillow.com, realestateabc.com or coldwellbanker.com and "zillow" your friends. These sites tap public databases for the info. So far, Zillow has estimates for 48 million of the country's 88 million homes on the site.

Most assessments on these sites are within 10% of what an on-site appraiser would come up with, says Bob Johnson, executive director of the National Association of Real Estate Appraisers. "No one would use these sites for professional purposes, but they're fun," says Johnson. So go ahead and spy away -- just don't put up the "for sale" sign on your home without doing a bit more research.

From Reader's Digest - September 2006

 

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