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How can our house [200 ft larger & has more upgrades then our neighbors} be estimated $30K less?

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January 22 2011 - San Carlos
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Go to the page on zillow and submit the additional work on your property and how much you paid for the addition and this will help with your zestimate.
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April 27 2011
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@Angelo:  When we sold, we got 3 CMAs.   The zestimate was far closer to actual selling price than the CMAs by professionals.
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April 04 2011
 Faye, 'Zestimates' are not to be taken seriously.  As a professional and practicing Realtor I find these Zillow representations of market value and pricing, especially in our neighborhoods, to be wildly inaccurate due to how they use property tax records as an element in their formula to suggest property values.  Also, you can not accurately suggest values, "virtually" without having been inside a property, walked the lot and done the discovery necessary to give an accurate opinion.  It's not possible.  Zillow is not meant to be a replacement for a professional who knows your neighborhood and should not be proffered as a professional opinion as compared to a CMA "Comparative Market Analysis" done by a licensed and practicing Realtor with explicit, local knowledge of your market, neighborhood and location.  Schools, neighborhoods, and  the physical property condition all contribute to an accurate professional opinion and can not be done remotely.  Using current property tax records as an element in establishing value has nothing to do with the pricing of a home, which is where Zillow get's confused.  Good luck and call a professional to get a real value "opinion" for your home.  Good luck!
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April 04 2011
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  • Faye
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hallstreetposse -

I checked your account and I do not see any claimed property in your Favorite Homes. Please provide us your address so we could check your property on the site.
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January 25 2011
 
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