Profile picture for GEORGE BONNER

I WANT TO KNOW WHY MY HOME VALUE IS SO LOW.

ZILLOW APRAISED MY HOME AT $185,00 IN DEC. 2008. YOUR WEBSITE NOW APRAISE'S MY114,000. MY HOME IS THE LOWEST APRAISED HOME IN MY NEIGHBORHOOD, I WAS JUST WANTED TO KNOW WHY? 906 MEADOWSEDGE LN IS MY ADDRESS.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 28 2011 - Joliet
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (3)

Seem like Zillow has no house size and lot size information on your house, claim your home on Zillow and edit the missing details, which may affect the Zestimate.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 28 2011
THese zillow estimates are just that............estimates....... based on 3rd party information that is often incomplete/inaccurate. Don't worry too much about it because buyers never refer to it when writing offers. Only a few folks trying to sell seem to care.
In case you have not been paying attention, we have been in the worst Real Estate/financial market since the Great Depression the past 5 years. It is not about to end this year.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 28 2011
Zillow redid its algorithm a month or so ago, and that generally lowered all the numbers.

However, it's very, very likely that your home actually has fallen substantially in value. You're talking about 2-1/2 years in the biggest market drop ever. I know plenty of areas where houses have legtimately declined that much.

As for why your home is the lowest "appraised" one in your neighborhood, that probably has to do with your lot size, house size, etc.

Hope that helps.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
July 28 2011
 
Related Questions
Horizontal/Vertical
Profile picture for user9489360
Latest answer by user9489360
April 11 | 2 answers
how do I update a profile, where do I find my profile?
Profile picture for RizaB
Latest answer by RizaB
February 11 | 1 answers
New Home Construction Tax Deductions
Profile picture for Andrew Malak
Latest answer by Andrew Malak
September 27 2013 | 1 answers
  • Asked by Justin Malcolm
  • In Discussion
  • September 27 2013
New Construction Tax Deductions - We are building our first home and would like some input on what w
Profile picture for SoCal Engr
Latest answer by SoCal Engr
September 24 2013 | 1 answers
  • Asked by Justin Malcolm
  • In Discussion
  • September 24 2013
My property is in twice
Profile picture for Neil R
Latest answer by Neil R
September 03 2013 | 1 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 1020 Trailsend Ln, Joliet, IL Home For Sale
    1020 Trailsend Ln, Joliet, IL 60436

     For Sale: $148,000

    • Beds: 3
    • Sqft: 1752
    • Baths: 3.0
    • Lot: 9147
  2. 548 Springwood Dr # 548, Joliet, IL Home For Sale
    548 Springwood Dr # 548, Joliet, IL 60431

     For Sale: $117,900

    • Beds: 2
    • Sqft: 1583
    • Baths: 3.0
    • Lot: --
  3. 1222 Porter Pl, Lockport, IL Home For Sale
    1222 Porter Pl, Lockport, IL 60441

     For Sale: $225,000

    • Beds: 3
    • Sqft: --
    • Baths: 3.0
    • Lot: 9147