Margalit over at whatwas_i_think (who was one of my co-founders for soc.culture.jewish.parenting) has pointed me to an interesting site that shows you the purported current value of your house. It also shows the “value” of your neighbor’s houses. I did it for my house, and it shows a value about $10K above our purchase price, and that we’re about right for our neighborhood.
Of course, having just purchased, this isn’t the greatest of news, since property taxes reassess on purchase, which means I have ½ of a large nut to pay at the end of the month (2nd installment with the supplementals) plus a larger mortgage. But it should get easier as time goes on.
So, is the value correct for your house? Does it surprise you?
