How can a zestimate be 250k higher that market value?I made the mistake of falling in love with a home - It's in a nice neighborhood, kind of a niche, of much older homes than is normal. Thwe hosue was evidently a "project" as its been guttd and the rebuild has been started. Based on the county website i can see that Foreclosure has begun on this home, and apparently the owner has this happening with more than one property. My issue is that the Zestimate is almost 200k more than market value on county site, and is higher than any other home in that area. There have been sales of homes there that were in pristine restored condition, so it makes no sense that a home which would cost almost 100k to make liveable would be estimated so much hiher that completed homes. Any ideas on this?July 11 2012 - Dunedin0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe 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.