Profile picture for jakechused

How are Zillow Prices determined?

To Whom it may concern;

I was wondering as to how zillow prices are 'alerted' when there are outside/incremental changes made to the property -- for example at our house we have put nearly $60,000 worth of additions, improvements and enhancements into the property but there is nothing to reflect that within the zillow price....how is that captured?
  • April 26 2012 - Sudbury
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (1)

Profile picture for Ice L.
  • Ice L.Zillow
  • 14920 contributions
jakechused -

Thank you for your question.

The Zestimate is calculated from public transactional data including tax history and user submitted data. As for revisions or home improvements, they are not taken into account unless they resulted to a much higher tax. You may see this link for an in-depth information about how Zestimates are determined.

Ice
Zillow Customer Support
  • April 26 2012
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    We're sorry. This service is temporarily unavailable. Please come back later and try again.