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Answers (3)
- Neil R
- Contributions:2899
Hi Ron -
Zestimate is just a starting point to know the home's estimated market value. Since we don't check the properties personally, some factors that might affect the property's value is not included in the Zestimate.
You'll see the Zestimate history of your property and it shows that it was almost $200,000 late last year.
Thank you.
Neil
Zillow Customer Support
Zestimate is just a starting point to know the home's estimated market value. Since we don't check the properties personally, some factors that might affect the property's value is not included in the Zestimate.
You'll see the Zestimate history of your property and it shows that it was almost $200,000 late last year.
Thank you.
Neil
Zillow Customer Support
- wetdawgs
- Contributions:26804
Mr Hurlbut: Would you be willing to share with us the statistics of your CMAs? I'd love to see the last 100 CMAs you prepared in comparison to the actual selling price.
- John Hurlbut, "jhurlbut"
- Contributions:87
Yes, that's the problem with "Zestimates" . . . they vary and often wildly from month to month. It just depends on what homes have sold around you that may be comparable to the neighbors versus your home. Zillow even reports that their Zestimate can be off by as much as 20% so it should't be used as any kind of hard and fast number. If you want a true representation of what your home is wort, it's always best to get in touch with a local Realtor or appraiser to get an accurate market analysis done on your property.
John Hurlbut, ABR, GRI, CFS
John L. Scott Real Estate
John Hurlbut, ABR, GRI, CFS
John L. Scott Real Estate
Estimate for our property has switched with neighbor?
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