which is a plus for me and something that is very important to consider always. A Trulia Estimate is an approximate calculation of a home's market value. Our appraisal specialist appraised it for $101,000. Commute estimate: Individuals concerned with the time it will take them to get to work can use Trulia’s commute calculator. Trulia is a home and neighborhood site for buyers and renters to find homes and neighborhoods across the United States through recommendations, local insights, and map overlays that offer details on commute, reported crime, schools, churches and nearby businesses. Zillow knows that’s true — and they say as much on their Web site (although you have to dig a bit to find it). That means if you are looking at estimates for your home's value, you have to consider what kind of data went into that estimate. The Redfin Estimate factors in more than 500 data points about the market, the neighborhood, and the home itself to arrive at an estimate for 92 million homes across the United States and Canada. Because the estimations are garbage. In this case both Trulia and Zillow were off by thousands of dollars. Mortgage Calculator. Zillow: $92,401. Mortgage Calculator | Zillow It is not an appraisal; it is a starting point in determining a home’s value. How much is my house worth? While there is some variation across these different websites, you’ll find their estimates are fairly close to each other. Ok, back to Trulia. Learn about other companies that can help you find a new home. The 3rd property I examined was a 2-bedroom, 1-bathroom house located in Philidelphia, PA 19124. Many landlords use the 1% rule to estimate rental value — which suggests charging 1% of the home’s value for rent. Also, getting estimates from all the mentioned sites in this article will provide you with an accurate estimate range. Most often Zillow and Truilia are looking at tax records and listing prices and gaining an average and both use separate algorithms and information. Value your home with Xome! Realtor.com is the official site of professional real estate, and receives timely data feeds from local real estate boards in nearly ever market in the United States. Your destination for all real estate listings and rental properties. How much is my house worth? Updating your home facts can help make your Zestimate more accurate. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Use our home loan calculator to estimate your mortgage payment, with taxes and insurance. With 35+ filters and custom keyword search, Trulia can help you easily find a home or apartment for rent that you'll love. Our estimates use a ton of info, including recent sales of similar homes and home facts like number of bedrooms and bathrooms, square footage, and more to provide insight into what a home is worth. Looking to Relocate? Zillow: $225,858. However, there are many factors to consider when setting a rental price, including: Local rent control laws. For example, a home valued at $220,000 would rent for $2,200 per month. Trulia Estimates are based on publicly available information and agent-reported transactions, including: The home’s physical characteristics (e.g.