I have just picked a property out of a local real estate listing; just to test the water so to speak.
This house is listed on the RE site at $245,000 and Zillow.com value it at 'around' $190,500 and appraisal.com at 'around' $170,942.
Now I am guessing that part of the difference is in RE agent fees. What else would one have to look at to offer a price on this home.
Don't get me wrong, I am not even close to purchasing my first property, I am just looking at the things that make up a selling price offer.
Thanks for any information you can offer!