September 18, 2011 – Zillow Needs some Work!

There’s a relatively new web site that provides real estate estimates. The cool thing is the aerial map of the property, the bad thing is the estimates of property values.

Here’s the map of the property which is fairly recent – this year because I can see the collapsed granary in the back pasture, but not since the windstorm in the middle of July because all the trees are still standing.

I love being able to pick out features in this map. The sheep grazing in the northeast corner, the garden beds, the rows of baby trees along the north and east, the path of the new septic system and drainfield in the north central, and it looks like a car and trailer in one of the gardens hauling straw mulch in the southwest.

However, the estimated property value is quite spastic.  According to Zillow, in the past 18 months or so, the property value has ranged from $70,00 to $200,000!

one year ago…”Emma Homecoming”