Colonial Park Taxpayer brought a cool tool to my attention through a link on the West Shore Follies blog called 'Zillow.com'. Plug in a street name or a neighborhood name, and it will show the values of all the neighboring houses... very useful. Click on a particularly home's icon, and you can get a list of comparable homes that have recently sold.
It clearly demonstrates, for instance, that simply by crossing Ocean Avenue, comparable homes are devalued by as much as $100,000 - just by crossing a road, even when there are numerous homes between the house on the Long Island Sound side of Ocean Avenue and the home that is $100,000 more in value.
Monday, September 04, 2006
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