People have been sharing with me about the newly launched website www.zillow.com which is supposed to provide real time valuations on real estate nationwide. I have done some with my current residence which is fairly accurate and some with the real estate projects I have been doing. The market area in Philadelphia is flaky as it is a highly appreciating market and tough to get a good comp as they are going block per block
Otherwise this is another tool to use in doing your due diligence for the valuation of how much your property is worth fully renovated.
For more info:
Zillow unveils real-time home values service
http://seattlepi.nwsource.com/business/258748_zillow08.html
Zillow Goes Live -- Too Soon?
http://www.businessweek.com/the_thread/hotproperty/archives/2006/02/zillow_goes_liv.html
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