Disclaimer

The accuracy of the data provided here is only as good as that provided by the MLS and domania. Data that has been taken can be wrong or in error.

It is the reponsibility of the user to confirm the accuracy of the data before making any financial decisions based on it. www.longislandbubble.com is not responsible for errors, losses or damages in any way, shape or form that can arise as a result of using this data.


House Appreciation Estimator

1) Find out when it was last sold (domania goes back only as far as 1987)
Number Street Name City, State or Zip
2) Enter House Information:
What it sold for previously (in thousands):
The year in which it was sold:
The top half of this estimator is an interface into domania's site to get previous housing prices. I felt the interface on domania's site is a pain to use, especially when you look up many houses or you make a mistake typing (you'd have to start all over again).

The second half does a calculation of what prices should be based on appreciation between 3% and 5% per year compounded. This will give you a list up to 2007 of the range of prices that the house should cost. Again, this does not account for major upgrades such as adding an extension onto the house or completely knocking down and rebuilding; thus increasing square footage.