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I have a premium lot, 1 neighbor and view. Same size as 1054 SRimwood. Why is my house less?

Profile picture for Lori Macias
1054 So. Rimwood does not have a premium lot or a pool and has more than 1 neighbor.  Zillow appraised that house at $725 and mine at $624.  How can that be?
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July 28 - Anaheim Hills
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Profile picture for Veltri Homes
Real Estate Agent
Contributions: 112
The zestimate is basically a number generated by a formula.  No body really relies on these numbers other than for getting a general/ballpark idea.  Pools do not add value as an equal amount of buyers do NOT want a pool and the associated cost of maintenance and liability pools require.  So, pool or not, usually, the price would be the same assuming all else is equal.
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August 13
 

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