zillow.com and trulia.com Accurate?
I have been watching in horror over the past few months as our home value has taken a nose dive on zillow.com and trulia.com. According to those sites, our home is now worth $80,000 less than it was worth a year ago. We are near Atlanta.
My question to those of you who are professional real estate agents is, Are these websites accurate for today's market?
Also, since our house is a totally restored 100 year old house in a historic neighborhood, can its value be the same as a new house with the same square footage? I know appraisers look at comparable houses to assess value, but do they consider more than square footage?