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Are smaller homes becoming more valuable than the larger ones are now? [View all]
Last edited Wed Apr 18, 2012, 10:01 PM - Edit history (1)
I just checked homes.com to see the estimated value of my home. The tri-level house next door to me is about 400 square feet larger than our ranch home is and the estimated value on that house is about $5000 less than ours is. Both are about the same age and both have been kept up well. We have a hand built garden shed on a poured concrete foundation. The other home has one that was hauled in on a flatbed truck and placed on bricks. The other house has an above ground pool which may be a drag on his value? Our property taxes are a lot less than my neighbors. Wonder if that is it?
Anyone else seen this happening before? Or are the estimates at that site just not trustworthy?
Don
2 replies
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