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Answers (4)
- wetdawgs
- Contributions:26810
I suspect what has happened with the property in question is that user edited facts have combined basement square feet with above grade square feet, so the Zestimate is being calculated with incorrect facts. The suddenly rising Zestimate a few months ago may be coincident with the edits.
- fenniejim
- Contributions:2
Anyone willing to pay $600K+ for this house.......... for that price you can have the house, the pool, the car & pickup in the garage and the furniture. Sorry tools not included
- Pasadenan
- Contributions:21455
You mean this one:
1528 Portal Dr Laurel MT 59044
So if 100% off, you think it is only worth $320k, so 100% more makes it $640k? If it was 100% less, it would be $0.
Yes, the chart does show a rapid increase toward the end of 2010; but this is likely due to sparse sales occurring, throwing off the approximation method. Zillow is working on the sparse data issue, and will be calculating again in the near future, so, you might want to wait a few months before deciding what this apparent increase means.
Improvements to a home rarely reflect in the estimates completely.
1528 Portal Dr Laurel MT 59044
So if 100% off, you think it is only worth $320k, so 100% more makes it $640k? If it was 100% less, it would be $0.
Yes, the chart does show a rapid increase toward the end of 2010; but this is likely due to sparse sales occurring, throwing off the approximation method. Zillow is working on the sparse data issue, and will be calculating again in the near future, so, you might want to wait a few months before deciding what this apparent increase means.
Improvements to a home rarely reflect in the estimates completely.
- Vince Curtis, "SoCal Appraiser"
- Contributions:4699
Zillow updated their data with new, more correct data. If your home was HIGHER before, its simply means it was over-valued before the update. Now its more correct.
WHAT is the address is question ?
WHAT is the address is question ?
Housing values off by 100%
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