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[quote=Anonymous][quote=Anonymous][quote=Anonymous]According to Redfin, my renovated 4 bedroom, 3.5 bath, corner lot in Shepherd Park jumped value this month to $589k! Cha-ching! Kidding. My immediate neighbors have recently sold for $980k. I’m curious how RF’s algorithm can’t separate neighborhoods in its value assesssment.[/quote] It probably doesn't know it was renovated, but also, it's just an algorithm. A realtor could give you a better estimate. [/quote] Redfin tells me my 3/3.5 with finished attic SP home is up in value almost $200K from when we bought 5 years ago in the 700-800K range. However, I don't buy it. Even with a few improvements we've made. If we were to list, we'd probably do so for about $100-120K over what we paid.[/quote]
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