One of Zillow’s most popular listings, 25 acres with a world class toy store and a 3D tour you can The whimsical elf village of
, /PRNewswire/ — With the holidays in full swing, Santa is busy at his TOYS READY North Pole cabin and state-of-the-art toy workshop . According to Zillow®, this secluded property is now estimated to be worth
$1,154,137.
by accessing
zillow.com/house/santas-house , Zillow users can see Santa’s house for themselves and even take a 3D tour of the elf village. Plus, kids can start tracking Santa’s Christmas Eve journey with the official NORAD Santa Tracker, right on the Santa Page on Zillow. information page because he is delivering gifts
Santa and Mrs. Claus first announced their home on Zillow in 2016, allowing people around the world to Get a glimpse into their fascinating lives. Over 3 million people have viewed Santa’s home on Zillow, making it one of the most visited homes on the Zillow website.
“Santa spyes on millions of homes every year. Now, millions of Zillow surfers are spying on one of the most famous homes in the world,” Zillow’s According to Amanda Pendleton, home trends expert. “Visiting Santa’s house on Zillow has become a new high-tech holiday tradition. An immersive virtual 3D home tour of Elf Village lets families explore this corner of the North Pole in their cozy living room, preferably with a cup of hot cocoa by the fire.”
Santa’s home is worth just over 650,000 $ He first claimed his home on Zillow six years ago. Now the house has appreciated enough to give Santa a handsome return, and like many homeowners in America, Santa has seen his home’s equity explode 1. The value of his home has risen 12 percent in the past year and nearly 77 percent in the past six years.
Zillow first calculated a special Zestimate value for Santa’s uniqueness using properties with similar homes in remote areas 2 and apply for Santa Premium3 .
About Zillow Group
Zillow Group, Inc. (NASDAQ: Z and ZG ) is reimagining real estate to make it easier to start life’s next chapter. As the most visited real estate website in America’s , Zillow® and its affiliates offer customers the ability to sell, buy, rent,
Zillow Group affiliates and subsidiaries include Zillow®; Zillow Premier Agent®; Zillow Home Loans™; Zillow Closing Services™; Trulia®; Includes ShowingTime®, Bridge Interactive® and dotloop®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).
1
Recent data show that the U.S. with mortgages 48.5% of homeowners are considered “asset rich” – meaning they owe no more than 50% of their home’s estimated value on their mortgage.
2 Zillow observed remote areas of the Alaska coast, as close as possible to the North Pole .
3 According to a FiveThirtyEight® survey, 78% of respondents listed Christmas as one of their favorite holidays. Given that popularity, Zillow boosted its preliminary Zestimate value by 78 percent, determined by analyzing comparable homes in remote areas, what Zillow considers the “Santa premium.”
SOURCE Zillow