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URL:  http://boards.fool.com/and-theres-the-rub-setting-a-house-price-based-25179207.aspx

Subject:  Re: OT: house values... Date:  2/15/2007  3:30 PM
Author:  AngelMay Number:  2032 of 73675

And there's the rub. Setting a house price based on comps doesn't work in this market. It used to be you could say, "My neighbor got $X for his house a year ago, I want $X+10% (or 20% or whatever insane percentage)." What I've noticed lately is people pricing close to or even below assessmsent, and the agents all but begging me to include it in my ads.

My house is a two-family surrounded by condos. When Zillow did the comps for my house, instead of comparing similiar two-families in the same nei