Comments on: Net Worth Update – April 2008

By: Lazy Man

Lazy Man — Wed, 23 Apr 2008 13:36:24 +0000

My property is a condo – one of 200 nearly identical units. This gives Zillow (and myself) a lot of data to make what I feel is an “accurate enough” estimation.

By: naveedsmind

naveedsmind — Wed, 23 Apr 2008 12:01:07 +0000

It’s great that you keep track of your net worth. I recently started tracking it on my blog and it really helps keep things in perspective – you set a concrete goal of growing your net worth at least a little bit every quarter. By the way – how do you keep an updated track of your property value? The only solid way I’ve found is hiring an appraiser – but every month or quarter?? Thanks.

By: Lazy Man

Lazy Man — Mon, 21 Apr 2008 16:51:07 +0000

I invented my own “norm” in this case. I did that by looking at the average price for the last year and figuring that it was a fair considering it being a ways off the highs of 2005.

By: tom

tom — Mon, 21 Apr 2008 16:35:27 +0000

You mention that if the value of your Boston property returns to the norm, you’ll add another $20K (which is awesome). My question is, what is the norm?