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  • From 2001 to 2005, the average homeowner saw the value of his or her house jump by more than 50 percent.
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    « When to Pay Home Mortgage Points Up Front | Main | More Regulation for Freddie Mac and Fannie Mae »

    May 22, 2007
    Home Value Tool

    If you want to know how much your home is worth, you can try a cool home value estimator tool from Zillow.com.

    Zillow takes into account several factors that help determine home value, including the local real estate market, the condition of the home and recent improvements made. While these “Zestimates” are not always spot-on, they can give you a relatively good idea of what your home value might be.

    You can also use this handy tool to see what a home you are looking to buy might actually be worth, and set a basis for a price negotiation.

    Read this article about Zestimates from the Real Estate Journal.

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