Visiting a Childhood Home, and the Opportunity for Heatmaps of Neighborhood Renovations
I had a meeting in Crossroads today (a neighborhood of Bellevue, WA) that brought back all sorts of memories because it had been so long since I had set foot in the Crossroads Mall where I spent so much time as a kid. In 2nd and 3rd grade, I lived nearby in Lake Hills and biked to the mall to visit Norm Johnson’s Sportscards virtually every week. I lived off 159th Street right near Phantom Lake Pool, in this exact house.
I drove by the house today on my way home, to see what had changed. What I was really wondering was whether many homes in the neighborhood had been renovated/rebuilt…or if the neighborhood was largely the exact same as it was 20 years ago. I found out my old house has a new front yard with a rockery (it used to be all grass). That said, it appeared virtually none of the homes on the street had changed much.
Contrast that to Queen Anne in Seattle where I’ve been staying with a friend the last month. There is construction everywhere.
Wouldn’t it be great if there was some way to see a heatmap of homes/neighborhoods that had been renovated/re-built? That would seem to be a pretty good indicator of healthiness of a hyper local real estate market.
Is anyone tackling this? Zillow? Realtor..com? Porch?
Your Home in Uzumlu
Posted at 05:05h, 27 MayWhat is real estate agent’s average percentage in different countries?
Lyn Sims
Posted at 06:21h, 27 MayJust not sure your idea is the best way to go about it because from the street a house is just a shell. Can’t see on the inside what the people have done & ‘if’ they do any renovations – are they worthwhile? Are you suggesting that in place of the inaccurate Zestimate, Z now would do a ‘rehab it & get this price’?
Drew Meyers
Posted at 08:37h, 27 MayAgree driving by a house isn’t perfect, but it is fairly obvious from outside which houses are kept up and invested in, and which ones aren’t. (Much of) the data for renovations is already at county courthouses via permit records.
Sam DeBord
Posted at 07:47h, 27 MayRebogateway does something similar with its tract utitlity to find the neighborhoods turning over the fastest. I wonder if they could just incorporate permit data across a tract as a predictor.
http://geekestateblog.com/rebogateway-using-probability-as-a-strategy-for-real-estate-listing-leads/