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Home > House losing value: 8% in 19 months

House losing value: 8% in 19 months

January 28th, 2008 at 03:52 pm

So I haven't been updating the value of our house on my net worth balance sheet. The value of our house has dropped from $174.9K to $160.9K over the last 19 months (According to Zillow). Which is, off the top of my head, 8% or so. Or about $750 per month! I will devalue the real estate on my networthiq balance sheet by $750 each month until it is on par with Zillow's home value estimate.

Posted in Uncategorized | 2 Comments »

2 Responses to “House losing value: 8% in 19 months”

  1. SingleGuyMoney Says:
    January 28th, 2008 at 04:18 pm 1201537114
    1201537114

    I know the feeling. Mine has dropped from $199k to $190k according to Housefront which means I am down about 5%.

  2. West Toronto Realtor Says:
    February 22nd, 2008 at 10:13 am 1203675214
    1203675214

    I think that all of us know this feeling. I work for West Toronto Realtor and we help people to estimate the right value of their houses. In my opinion, quite useful tool for you could be Comparative Market Analysis so as professional home inspection. It is described on our or similar pages. After that you should know all aspects that may influence the value of your house and you could try to focus on some of them in order to improve them and consequently increase the value of your house. Good luck!

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