"PartyPooper2012" (PartyPooper2012)
07/10/2018 at 09:46 • Filed to: None
0
7|
"PartyPooper2012" (PartyPooper2012)
07/10/2018 at 09:46 • Filed to: None | 0
| 7 |
Checked to see if zillow has any updates on house my sister lives in.
Zillow says - Zestimate has decreased by 67,000 in last 30 days. house is now worth 106,000.
Rent Zestimate is 12,000 a month.
1) House is worth much more.
2) Nothing but a luxury car drops 67,000 in 30 days
3) Everyone knows a property for 106,000 is cardboard with electricity
4) No one in the right mind would pay 12,000/
mo
to rent a cardboard with electricity
5) Zillow be crazy
E92M3
> PartyPooper2012
07/10/2018 at 10:06 |
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$1200.00 a month maybe?
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PartyPooper2012
> E92M3
07/10/2018 at 10:13 |
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says 12,000... twelve thousand
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PartyPooper2012
> PartyPooper2012
07/10/2018 at 10:26 |
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One of the houses was sold on the block last year to their family member for a price much lower than market price for private reasons . This is driving the comparables down. Still doesn’t explain the rental per month price.
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E92M3
> PartyPooper2012
07/10/2018 at 10:48 |
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Does she live in Manhattan?
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PartyPooper2012
> E92M3
07/10/2018 at 10:52 |
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no. long island.
Galileo Humpkins (aka MC Clap Yo Handz)
> PartyPooper2012
07/10/2018 at 11:58 |
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Sounds about right. About 3 months after buying our place (in 2016) the “
Zestimate” randomly
ju
mped up by about 85% (to about $950,000) but the rental estimate stayed put. Over the next 3 months it dropped back down to normal market estimates gradually.
gmporschenut also a fan of hondas
> PartyPooper2012
07/10/2018 at 22:03 |
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is there anything nearby that could be considered commercial property?
Are you in a rural area, where a couple homes could screw up the pricing?
if you go the the zip code map is there a house with a giant screwup in price? like an order of magnitude off?