As a real estate seller or real estate buyer you have probably viewed the Z-estimates Zillow or Trulia on their website.
This evaluation is called Automated Valuation Method (AVM). Essentially, it is computer generated software that reaches out for publicly available data and then uses that data to offer a suggested value—a quick result which does not involve a human being who has analyzed the actual data. The soft wear has never been in the neighborhood, nor on that particular street nor inside the home.
Deciding to move is already an emotional process, but throw in the fact that you’re considering downsizing and it’s likely to add an extra element of anxiety to the mix. But considering we’re living larger in the U.S. by an upwards of approximately 1,000 square-feet since 1973 — and space per person has doubled — you’ve got to ask yourself, how much space do you really need? There are several benefits that come with moving into a smaller abode, and once you become privy to them, you won’t even think twice about packing those boxes. (more…)