by The Tim » Tue Jan 15, 2008 4:48 pm
Thanks for posting this. I had forgotten to check up on it while I was on the road. That's hilarious. Also worth noting is that only about two weeks after the update shown on this post, as of a January 3 update the Zestimate has dropped another $2,033 to $525,500.
Let's see... $2,033 drop in 16 days extrapolated throughout 2008...
If that rate of decline keeps up (and doesn't accelerate), Meshugy's house will be "zestimated" at $480,000 by the end of the year, a whopping 11% over what he bought it for in early 2005.