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Thread: Home Sold Prices - Now Freely Available!

  1. #61
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    @1pac with those savings you could buy 10 of those Mazda CX5 prototypes.
    Last edited by Caraddict; 06-24-2020 at 03:41 PM.

  2. #62
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    Quote Originally Posted by 1pac View Post
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    Was looking at homes near me (in the NW) and came across this one that sold in February for almost 25% below list price!
    There's some crazy stuff in there - I could spend all day looking at this.
    wish you could see some pictures of the homes instead of having to look up the addresses in google maps

    Attachment 92519
    That's awfully small lot to build a duplex on. Sounds like both side are sold in Feb.

    Honestdoor price for the neighbor is even worse. Sold for $1.04M in 2016, now worth $722K.

  3. #63
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    Those Honest Door prices are all over the map on our street. Also appears we received a favorable property tax assessment, score!

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    I hope the Honest Door assessed price is not too accurate.. apparently my place is worth <$100K less than what we paid 2 years ago lol

    House prices definitly been rough for some people. There was this new build townhouse in Tuxedo that I was looking at back in 2012 because of the roof-top patio. It was $570K + fees back then. There's now one listed for sale at $399K (and still on the market). Ouch.

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    Quote Originally Posted by RX_EVOLV View Post
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    I hope the Honest Door assessed price is not too accurate.. apparently my place is worth <$100K less than what we paid 2 years ago lol
    Yea our Honest Door "price" is down about double what our neighbors house is down in the same time frame.

    Very similar ft2, similar layouts, with ours having significantly nicer finishes. Their assessment is significantly higher then ours (who knows why) but I'm not complaining.

    I assume the honest door "price" is some sort of formula based on community sales vs assessment value. So very little thought put into it.

  6. #66
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    Quote Originally Posted by RX_EVOLV View Post
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    I hope the Honest Door assessed price is not too accurate.. apparently my place is worth <$100K less than what we paid 2 years ago lol
    I would not put too much value on the honestdoor prices. The algos they use to determine it seems inaccurate for a lot of cases. Example, I looked at the house I purchased before it changed the last sold price to what I paid, and now the honestdoor price also changed to something similar to what I paid. So in the end, a large part of it likely is based on comparables which dictate sell price. If the house's last sold price was 5 years back or something, chances are the honestdoor price is going to be more similar to the city assessment instead.

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    Yeah I find Honest Door algos are way off as are Zillows... I like the bode approach because they give you market context paired with sold data and then you determine it yourself. Too many nuances in real estate for a home value estimator to actually work until they understand the nuances of a home which will take meta data tracking.

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    The only way to truly know what it's worth is to list it and see what offers you get. The market will tell you the value.

    Recent sold data on comps would be the closest thing a layman has on guessing the value. I wouldn't trust Zillow type sites, I've never really seen those be bang on.
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  9. #69
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    Like CompletelyNumb said, a home is worth whatever a buyer is willing to pay for it. Estimators fail to account for things like busy streets, backyard exposure, and other property nuances… Most simply derive some value from city tax assessments - which are often wildly inaccurate. The classic example is the Zillow CEO... sold his San Fran home for $1M… The “Zestimate” was $1.75.

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    Quote Originally Posted by CompletelyNumb View Post
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    The only way to truly know what it's worth is to list it and see what offers you get. The market will tell you the value.

    Recent sold data on comps would be the closest thing a layman has on guessing the value. I wouldn't trust Zillow type sites, I've never really seen those be bang on.
    Fully agree - I'd rather look at sold data than have an algorithm/website guess what my home is worth.

    There's a page on the OP site that shows you the closest comparables to any home you enter:

    https://www.bodecanada.com/comparables

    Screenshot 2020-07-09 at 16.54.27.jpg

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    That matching score seems to work well... I have a row townhome that Properly thinks is worth 1/3rd of its actual value. Nothing worse than filling out a 30 page questionaire to get cold calls from realtors trying to sell your home that is not even close to what its actual market value is.

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    Damn, how long have these sites been in existence? This is awesome (Honest Door), haven't tried the other ones mentioned......seriously this is amazing lol

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    Quote Originally Posted by JohnnyHockey13 View Post
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    Damn, how long have these sites been in existence? This is awesome (Honest Door), haven't tried the other ones mentioned......seriously this is amazing lol
    Not sure how long they've been around - but it's incredibly cool to be able to see this all the sold data. I prefer the data on the bode website.... there seems to be much more of it and it's easier to browse

    https://www.bodecanada.com/my-abode-overview

    I like that you get valuations on honestdoor - but i found it's not very accurate for my home

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    This is an awesome tool, thanks for passing this along!

    It is also painfully clear that buying in 2013 in Killarney was damn-near the peak. Good times.
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    Quote Originally Posted by msommers View Post
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    This is an awesome tool, thanks for passing this along!

    It is also painfully clear that buying in 2013 in Killarney was damn-near the peak. Good times.
    Hah! I bought pretty close to the peak too - I'm in the same boat.

    It's amazing that some communities are actually increasing in value right now. I was looking at the sold price per square foot in Cochrane - and it's actually higher now than it was this time last year!

  16. #76
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    Found this little gem, anyone getting some serious Carol Baskin vibes???!!!!

    https://www.bodecanada.com/listings/11228395

    1.JPG
    2.JPG
    "Speed has never killed anyone, suddenly becoming stationary… That’s what gets you."

  17. #77
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    Quote Originally Posted by GT.....O? View Post
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    Found this little gem, anyone getting some serious Carol Baskin vibes???!!!!

    https://www.bodecanada.com/listings/11228395

    1.JPG
    2.JPG
    That is easily one of the funniest listings I've ever seen.

    I love the zebra bedroom

    Screenshot 2020-08-28 at 10.26.47.png

    ... and the eye-mask curtains...

    Screenshot 2020-08-28 at 10.26.54.png

    ...and the Dexter plastic sheeting on the pool table...

    Screenshot 2020-08-28 at 10.28.52.png

    Truly terrifying stuff

  18. #78
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    It's interesting. The decor looks like it's from someone very old, but the staircase looks so unique and modern with no handrails. One slip and RIP.

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