Profile picture for gordote

3 felix st 29403 Valuation on Zillow ?

House at 1 Felix St , same builder same age house and configuration, but with no backyard, you have Zestimate at $455,800.

5 Felix, also same floor plan,builder and age sold for $442,000 in 2011.

So how does 3 Felix get Zestimate of $423,000?
  • July 28 2012 - Charleston
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Answers (1)

Profile picture for wetdawgs
Perhaps it is of note that #5 has a Zestimate of $423 K also, even with a sales price of $442K in in June 2011.    # 7 is a larger house with a Zestimate of $426K.

The one oddball in the group appears to be 1 Felix as slightly higher.

It is really easy to focus on the one number called the Zestimate and ignore the rest. This can cause frustration, but  much more important statistically is the "value range", the 70% confidence interval for the Zestimate.   This number is available from the home details page.   For 3 Felix, you will see a value range of $292K – $618K
  • July 28 2012
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