Or, more importantly, how much is your friend's house worth? Your boss'? How about that musician you used to stalk? If you have an address Zillow will tell you the relative value of any home in the United States. Created by the two fellows who brought us Expedia.com, its purpose is to "help[ing] you get an edge in real estate by providing you with valuable tools and information." Yeah, like how much the houses on your block are worth, what they are selling for and ones that are currently for sale. Let's just say that it proves to be a much more fun information tool for knowing how the value of Jimbo's home is, than for finding houses for sale in your future dream city.
Zillow combines already known services within the online real estate market, mainly the ability to look for homes that are for sale, advertise your own real estate for sale, and assess the value of your home. However, Zillow adds a few more tools that make it stand out.
It allows owners to create "homepages" that display all the nitty gritty buyers might want to know. Owners can update these pages and continue to post the latest news on the property whether it be additions or major upgrades or fixes. There is also a real estate Wiki which seems to serve as a virtual classifieds for current homes for sale.
All in all Zillow has taken the standard in online real estate tools and expanded them, which seems similar to what Expedia.com did for internet travel.