In my case, I bought a house in 2018 and Zillow says it's worth 68% more right now. I think the Zillow figure is too high, but the purchase price is unrealistically low as well. Or maybe I should split the difference and add 34% to the purchase price and use that.

[–] scottcarlson@hachyderm.io 4 points 2 years ago (1 children)

@OpticalMoose @andocas are you planning on selling the house or staying in the house in retirement? If you are planning on staying I might not include it in my NW at all. Otherwise, I just include the Zillow price with a 6% discount, but houses near me have been selling near their Zillow estimate.

[–] OpticalMoose@discuss.tchncs.de 4 points 2 years ago

No, not planning on staying there. I love the house, but I bought it in a self directed Roth IRA, so I'd have to withdraw it from there in order to actually live in it. It's had such a big gain in only 5 years, I don't really expect that to continue. After insurance and property tax, the rental income is only a 4.9% return on what I originally paid for it.

I hate these inflated prices. It's hard to make any decisions because everything looks overpriced.

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