Keep in mind, the estimates are based on tax records... You can adjust that estimate by updating the attributes of the house. For example, the house we paid 420k for last year, is 'valued' at 375k. If you look closely though, it 'thinks' it has only one bathroom, less square footage, not updated bathrooms/kitchen... Update these, and you get nearly 450k, falling in line with what the zip-code has increased in the past year.
Well, we don't plan on doing much updating other than tearing up the carpet covering the hardwoods in the living room. The house is in pretty much pristine vintage condition. It even has the original blinds.
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Don't forget zillow.com. Their valuations seem spot on for market's I'm familiar with.
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Welcome to Portland Oregon!
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