If you haven't looked up your home's value on Zillow yet, you might be missing out on something. The website at http://www.zillow.com/ has become the top destination for on-line house appraisals according to a recent report in the Wall Street Journal.

But just how accurate is it? A Wall Street Journal analysis of 1,000 recent home
sales shows that Zillow's "Zestimates" often are very good, frequently within a
few percentage points of the actual price paid. But when Zillow is bad, it can
be terrible -- off the mark by more than 25% on one in 10 homes. In one case it
was off by $2 million. Read How Good Are Zillow's Home-Price Estimates?

I use Zillow frequently to keep up with it and I have been impressed with the improvements and upgrades that keep coming. If you own a home then I suggest you look up your property and review it. You can actually claim your property and add or edit the information that is there.

Remember to consult a professional for reliable appraisal information before making a decision to buy or sell. The human element is lost on Zillow and properties are often miscalculated.