Posted by Nate on November 02, 2000 at 16:28:06:
I agree with Rob, those things are pretty bad at determining what is “comparable”. sometimes they do not even get the right neighborhood. I would take the MLS over those any day.
Also - just because something is in the same neighborhood, does not make it a comp. You want to look at houses that are similar in age, size, amenities, and condition. I guarantee that houses that are similar in age, size, condition, and location, are not selling in a range as wide as 60k-125k at roughly the same time. if there is a 100% price difference between low and high, there is a reason for that difference, and the reason is that there are differences in the properties themselves.