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Answers (2)
- Alisa Hagner, "AlisaDenver"
- Contributions:381
Zillow is for fun and should never be used instead of a real professional market analysis.
Unless you are considering refinancing or selling, Zillow's zestimates don't matter.
Unless you are considering refinancing or selling, Zillow's zestimates don't matter.
- wetdawgs
- Contributions:26814
Welcome to Zillow. I am not a Zillow employee but hope I can give a few clues.
Have you had an opportunity to read the FAQ "What is a Zestimate?".
A couple of points:
Zillow cannot see your new deck, new paint, new windows and screen, new hot water heater and new landscaping. Those are not part of the formula, hence the phrase "Zestimate is a starting point for comparing properties".
If you look at the last time period, it is not unusual to see neighbors going up and down in a way that doesn't appear to make sense. If you look instead at the six month or one year trend of these homes, are they similar?
Have you had an opportunity to read the FAQ "What is a Zestimate?".
A couple of points:
Zillow cannot see your new deck, new paint, new windows and screen, new hot water heater and new landscaping. Those are not part of the formula, hence the phrase "Zestimate is a starting point for comparing properties".
If you look at the last time period, it is not unusual to see neighbors going up and down in a way that doesn't appear to make sense. If you look instead at the six month or one year trend of these homes, are they similar?
How come my home has gone down three times as much as other homes in my block?
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