Those crafty folks at Zillow dropped me a line to let me know that the Zestimate on the palatial estate at Surlywood, in the wake of the current market slowdown / turbulence / Armageddon [choose one, maybe], has declined by about a percentage point, to $96,500, in the last thirty days.
Now I’ve mocked them before, but this time they’re hovering in the general vicinity of believability, especially since the taxman hath proclaimed said estate to be worth $94,130.
The taxman is also breaking out land values separately these days, and given the size of this plot, I conclude that actual land in this neck of the woods sells for … let’s see, carry the 1 … $107,000 an acre, assuming you could buy an acre, which you can’t.
Geez. Now I’m starting to sound Zillow-y.