How is the zestimate arrived at on a piece of property and what if the information is incorrect?

Profile picture for andie518
The value dropped considerably since Aug. of 2010, can You tell me why?
Also there are three houses on this property is your zestimate for 1 or all three?
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March 28 2011 - Healdsburg
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Answers (3)

Profile picture for wetdawgs
"They use tax value of your home"    Sorry, that is outright wrong.   Mr Agent - please take time to read more about the Zestimate in the FAQs.
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March 28 2011
Profile picture for AgentQ
They use the Tax Value of your Home.. It's most often always incorrect!! Contact a Real Estate Professional to help you.
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March 28 2011
Profile picture for wetdawgs
The Zestimate model assumes a single family residence (be it a house, a condo, apartment), therefore, the model is not designed to take into consideration a property with three separate homes.

Prices have dropped across the US considerably since Aug 2010.   The comps being used for your property can be determined by opening the property details page and investigating the Zestimate calcs.
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March 28 2011
 

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