Originally Posted by pjigar
What about rental properties? I do include them in my net worth calculation at Zillow price.
Zillow is too wonky with valuations - I decided to use what the property tax man calls "true cash value" - not taxable value. For me that gives a single consistent source for my valuation, not basing valuation on what I think something is worth. Also, since taxes are assessed once/year our net worth doesn't bounce around. As long as rental values are going up our net worth, if anything, is liable to be understated - which suits me just fine.