Home Pricing Calculator

This is from the Federal Housing Finance Agency’s website.  Although nothing is right on the money, it is fun to play with. 

Here is their disclaimer just as I mentioned about Zillow.com.  “When using the House Price Calculator, please note that it does not project the actual value of any particular house. Rather, it projects what a given house purchased at a point in time would be worth today if it appreciated at the average appreciation rate of all homes in the area. The actual value of any house will depend on the local real estate market, house condition and age, home improvements made and needed, and many other factors. Consult a qualified real estate appraiser in your area to obtain a professional estimate of the current value of your home…….”

 http://www.fhfa.gov/Default.aspx?Page=86