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Home value estimates ...

September 14th, 2016 at 08:38 pm

... are crazily different! I still feel unsure we have enough equity to refinance -- which is a real bummer because mortgage rates are climbing now.

Eppraisal.com has stayed steady at $474,269.

Zillow's estimate continues to rise and is now at $586,363! They're now over $100K apart.

If we paid all closing costs including escrow, we'd still need to be valued at $502,838 to qualify for a private loan with no mortgage insurance.

5 Responses to “Home value estimates ...”

  1. Kiki Says:
    1473889725

    Would you consider doing your own? Ask for conservative, mid range and high and see how they come out?

  2. ceejay74 Says:
    1473892727

    I don't know. If I did that I might as well get it done through a lender, since it would cost me either way and if it was good, I could go through with the refi.

    I'm not terribly encouraged by the recent duplex sale prices, though nothing exactly like our property has sold near us.

  3. Petunia 100 Says:
    1473893783

    Have you checked Redfin and Trulia?

  4. ceejay74 Says:
    1473967900

    I couldn't figure out how to get a Redfin estimate without talking to a real estate agent, but Trulia gave me an estimate of $339,305!

  5. Petunia 100 Says:
    1473975225

    Bleah @ 339,305.

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