Posted by Casey on April 16, 2005 at 09:37:45:
Interesting, I did not know these comps were on yahoo.com. When I tried it, the comps that I was able to pull up were old and incomplete. It is my experience that the appraisers in my area only use comps that are 6 months old and within 1/4 mile if there are enough sales in that radius to support it.
I subscribe to a local broker that sells comps in my area. My particular neck of the woods is going through many changes in price and the comps need to be current. I am aware of several services that sell comps, but many are not up to date, so be carefull. I also use the tax appraiser site in my area, but the tax values can be way off. On a particular property that I am working on right now with an out of state owner, the tax value is WAY too high. This owner has not seen the property in a long time and did not keep on top of what the city was taxing her. Good luck.