Home property value survey

ebeeeee
Mon, 30 Jun 2008 15:55:53 +0000

Central coast CA here. Our home was probably about 1 mil a while back. Now appraised at 950K…zillow still shows it at 1.032 mil but it definitely wouldn’t sell for that. Neighbor’s place has been on the market two years. Started at 1.6 now at 1.295. Still hasn’t sold.
I am not compalining though. We never did the refi thing and our original purchase price was in the 300K range. We lost money on PAPER people.

Went to an estate sale locally the other day. A bit of a different take on it than the other poster. I was depressed…left without buying anything. Realized when I got there the family had owned a small business…little girls room still fully furnished and clothes hanging on the closet. Price tags on everything. I assume it was a foreclosure situation.