zillow.com

It seems like every few months I post about some site that appears to be the future of real estate (this was my last one).  Here's my new favorite: zillow.com.  I read about the site in Walt Mossberg's column (here - written with Katherine Boehret) in today's Wall Street Journal, and then visited it myself.  I think it's tremendous, and would recommend it to anyone with an interest in real estate (including all homeowners).  The site doesn't cover every geographic location, and it's been overwhelmed by visitors today, but I see a lot of potential.

[added 2/15/06: Yesterday I was actually able to use zillow.com in my practice.  I was meeting with estate planning clients who had lived in the same house for about 40 years.  They had no idea what their house might be worth, and it's important for me to at least have a sense of the value of all client assets for planning purposes.  In less than a minute, zillow was able to give me and my clients a general idea of the value of their house.  They were pretty amazed!]

Comments

[DQ]

Zillow was a bit higher than all the MLS listings the real estate people had on my land. Zillow priced the land 30K hiher than what I thought it was worth... Your Thoughts....
22041 Running Bear, San Antonio, TX 78073

1 week change: $1,225
Last updated: 01/28/2006
ZESTIMATE™: $69,744 (What's this?)

Value Range: $59,282 - $83,693