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How did you figure out the value of the home on Ross Dr.?

Hello Zillow.com

The home in question is 26375 Ross Dr. Redford Mi. 48239. The price swung from 130 K to 330 K in just one years time how ? Has the price increase been due to other homes selling in the same area ? The swing in just 10 years is very wild also. Please educate me on how you come to this value.

Thanks.

Jim.  jlo@cast-tech.com
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March 20 2011 - Redford
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Answers (1)

Most likely Zillow pick-ups wrong data from the 3rd party, your house size is 3,200 sqft on Zillow, however it is 1,230 sqft on the other websites.

3,200 sqft on Zillow, property is estimated for $332,500.
http://www.zillow.com/homedetails/26375-Ross-Dr-Redford-MI-48239/88089523_zpid/

3,200 sqft on realtor.com, estimated for $79,490
http://www.realtor.com/realestateandhomes-detail/26375-Ross-Drive_Redford_MI_48239_M35285-00375?ex=MI514453761

1,230 sqft on trulia.com, no estimate.
http://www.trulia.com/homes/Michigan/Redford/sold/2384604-26375-Ross-Dr-Redford-MI-48239

1,230 sqft on Realestate.com, property is estimated for $99,100
http://www.realestate.com/MI/Redford/27304957-26375-Ross-Dr-Redford-MI-48239-property.aspx

Follow is the link, which also retrieved the data from Zillow, it shows $154,000 with 3200 sqft. If your home has 1,230 sqft then its value is about $95,000. inline with Realestate.com's estimate.

http://homesand.net/QuickComps.aspx?26375+Ross+Dr.+Redford+Mi.&citystatezip=48239?Map=1

Long story short, all it come down with sqft.
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March 20 2011
 
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