Steve,
About 3 years ago one of the local real estate companies had an estimator come look over my place to see what it would sell for. She gave me a price more than double what it is worth and I told her so. Then I heard that a little house just up from the street from me that has just enough room around it for it to be legal sold for $200K and it wasn't worth over $75K back then. It had set idle and windows were broken as some of the dopers and alcoholics kept breaking them to move in. So whoever the people are that bought it had to have all that mess cleaned up too. Now I see as many for sale signs as I do for rent signs.
Ron