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Appraisal

Why are your appraised values so off the mark on some properties?
For example on the property in Miami
5950 SW 120 Ave it shows a appraised value of approx 1.5 million which is low but within market conditions but when you click on the property it shows a value of 277,000.00 which is absolutely way off the mark.
Is it just a typo?
Thanks
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August 24 2011 - Kendale Lakes
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Answers (3)

Appraisal?  Did you know the answer to your question is right on this page?  Just scroll down to the bottom on click on the link and all will be explained.

Love the idea of a computer program making a typo.
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August 24 2011
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What public records can affect the value of a 2 million dollar property to show 278K value on Zillow? I think it was just a glitch that they have corrected since it now shows 1.5 million.
Thanks
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August 24 2011
Zestimates are NOT appraisals.  Zillow readily admits that its Zestimates are merely estimates based upon public records.
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August 24 2011
 
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