- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (2)
- wam269
- Contributions:2
Joan,
Thanks for your reply, however, by looking at zillow prices for houses next to me, I can only believe that the zestimate is based on all factors, including recent home sales, and also based on previous home sales. As a potential buyer may look at a zestimate, and try to justify the current price based on what the house previously sold for. My main concern was to get the information corrected. I tried to submit and change and wait for review, only to never get anywhere with that, so I thought I would try here. Thanks for your time.
Thanks for your reply, however, by looking at zillow prices for houses next to me, I can only believe that the zestimate is based on all factors, including recent home sales, and also based on previous home sales. As a potential buyer may look at a zestimate, and try to justify the current price based on what the house previously sold for. My main concern was to get the information corrected. I tried to submit and change and wait for review, only to never get anywhere with that, so I thought I would try here. Thanks for your time.
- Joan Congilose, "JCONGILOSE"
- Contributions:330
I wouldn't be too concerned about what it shows you paid for the house back in 1999. That has nothing to do with what your home is worth in 2010. The zestimates on zillow are based on recent sales only, the same way that a real estate agent or a fee paid appraiser would determine your home's value. It is based on recent sales in your area during the past 6 months with similar features.
How can info be changed to the correct info, like the purchase price of my home, it's off by $50k?
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.