Do you know how much your home is worth? Have you built up a lot of equity? Zillow can help you answer these questions and is a great research tool if you are selling or buying a home. Located at www.zillow.com , you can type in your address and voila – you find out how much your home is worth. It’s useful for searching in areas because you can easily zoom in and zoom out and “grab” the map with your mouse to move to the next neighborhood.
The information and research doesn’t end there though. You can find out how the value has fluctuated (based on several factors including what homes in your neighborhood have sold for) over time. Verify that you are a real person (instead of a computer-bot) by typing in the characters in a picture and you get access to additional information like Property Taxes and comparable homes and their values in your neighborhood.
Whether you’re planning to sell, planning to buy, or just simply curious, zillow.com is a useful tool as you get started.