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Home value???

My house @ 700 Nettlebrook lane , Alpharetta, GA 30004 is not valued correctly.  Paid $625K..same price as my next door neighbor with basically the same house and our value is showing a decrease of $100K..the dip occured in a 2 month period based on your numbers???  
  • December 08 2011 - Milton
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Answers (2)

Yes, it appears low. For a more accurate value, hire an appraiser. Zestimates are free, and sometimes not correct.

The median price in your area is in the $200- $300K range, and sometimes highly improved homes, like yours, take a bigger hit. Only an appraisal will tell for sure.

  • December 08 2011
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I'm not a Zillow's employee, but there are higher purchase price comps in your area recently (half are $650K price range and half are $400K price range) and it take awhile for those higher price comps effect to your Zestimate.
  • December 08 2011
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