Profile picture for 1885 Pheasant Hill

How do I change the comps being used in the Zestimate?

Our home is on 3.3 acres in a custom home subdivision next to a tract subdivision. The tract home values and foreclosures are pulling our Zestimate value way below market. I would like to be able to pick the comps being used in the Zestimate.
  • March 07 2012 - Auburn
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Answers (4)

Profile picture for wetdawgs
Zillow does provide a value range for homes.   My humble opinion is that is should be presented at all times side by side with the Zestimate (like it used to be) rather than buried deeply in the home details page.
  • March 08 2012
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Profile picture for Cindy Quinton
Well...those nearby tract home values and foreclosures are also going to pull down any appraisals you may have done.
  • March 08 2012
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Profile picture for 1885 Pheasant Hill
Thanks for the explanation, Lawrie. How can Zillow represent itself as an expert in their field with such inaccuracies in its database? This is not economics or statistics, but pure nonsense. It appears to me that Zillow has a public responsibility to either change their algorithym to produce more accurate results in outlying areas, mark properties like mine with an asterisk indicating the likely percentage of error in the estimate, or flatly not accept properties like mine in their database when they know their computer derived estimate has a high margin for error.
  • March 08 2012
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Zestimate uses sales from a radius around the subject property. It cannot be changed I don't believe.
Don't get too upset, as it is not a valuation it is just a computer derived estimate. Many are not accurate.
  • March 08 2012
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