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Answers (3)
- hpvanc
- Contributions:2573
Hopefully it is data entry error from the agent or owner putting the lot square footage in the structure square footage. If it was intentional to game the Zestimate and create a common form of retail fraud by showing a suggested value that is above the realistic price, it is a crying shame that this practice is not pursued as felony fraud by prosecutors across all industries.
- HomeSand.net, "White Picture"
- Contributions:4394
Maybe the house size is mistaken entry by the agent, it shows the house size is 5,501 sqft per trulia.com, however the comment said 55x100 lot size.
http://www.trulia.com/property/3046894158-259-Ray-St-Garfield-NJ-07026
And the house size is 1,682 sqft per realtor.com
http://www.realtor.com/realestateandhomes-detail/259-Ray-Street_Garfield_NJ_07026_M65135-90071
- sunnyview
- Contributions:25139
The agent recently edited the home facts and has this house listed at over 5500 square feet. It sure doesn't look like it is that big. It could be a data entry mistake on the part of the agent or it could be manipulation.
I would contact that agent and ask how many square feet it actually is. The listed square footage is where the spike on Zillow's chart is coming form. If it is less than square feet than listed on Zillow, you can flag it so Zillow can check the facts for themselves and make the correction.
I would contact that agent and ask how many square feet it actually is. The listed square footage is where the spike on Zillow's chart is coming form. If it is less than square feet than listed on Zillow, you can flag it so Zillow can check the facts for themselves and make the correction.
How can a property go up in value within 30 days to 101+%?
I reviewed a home on 259 Ray Street, Garfield, NJ 07026 and see that the value of this home increased from $271k to $378.5k in 30 days. I have attached a link to this home. Can you advise how this can happen? Did Donna Dilkes, the listing broker adjust this in some way to make the value increase? If not, who else can make the price of this home escalate?
http://www.zillow.com/homedetails/259-Ray-St-Garfield-NJ-07026/37918710_zpid/
John Grus
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