Zillow shows "estimated net proceeds"

[Anonymous]

Helpful to know if you are trying to avoid the capital gains tax if your property has increased $250k/$500k Single/married.

[Anonymous]

Looked up my house, the numbers are all wrong and very far off.

[Anonymous]

Ours is off for a few reasons:
zillow has overinflated our home's worth by at least 100K
zillow thinks I'm going to spend 6% on RE commissions (LOL)
zillow thinks I'm going to spend virtually nothing on getting the house ready to sell

if you want to know your net proceeds, best to run the numbers yourself. it's not that hard

[Anonymous]

It's my original mortgage, not the one I refinanced to in 2020. Mine is off by like 200k. I barely have a mortgage on my house (owe 150k).

[Anonymous]

Anonymous wrote:Ours is off for a few reasons:
zillow has overinflated our home's worth by at least 100K
zillow thinks I'm going to spend 6% on RE commissions (LOL)
zillow thinks I'm going to spend virtually nothing on getting the house ready to sell

if you want to know your net proceeds, best to run the numbers yourself. it's not that hard

Zillow says I'll spend 6k getting mine ready to sell.

No way. The only thing I'd do to get ready to sell would be to rent a storage unit so that all rooms appear 50% empty. My house is maintained in perfect shape with new bathrooms/kitchen/floors/paint/HVAC/roof. I wouldn't need to spend 6k.