Profile picture for gandhari

My home's price per sq ft is lower than that of all my neighbours houses. How do I get it corrected?

My house is located at 32 hawthorne place, north andover, ma. The price/sq ft for my house is lower ($231) than all the neighbouring houses. What is the basis for this difference? Is it a mistake? if so, how do I get it rectified on zillow?
  • September 27 2011 - North Andover
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Answers (6)

Zillow provides a best guess based on sale activity of similar homes in your area.  The true value of your property can be determined only by what someone is willing to pay for your home.  I'm sure a local broker would be happy to stop over and provide their professional opinion on the value of your property.  Just ask them to stop over.  Brokers have the ability to compare the pros and cons of your house based on neighborhood comps.  Best of luck.
  • September 27 2011
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Its within a typical range, I wouldnt worry about it. Zestimates are NOT your real value anyway...its only a guess..... you'll only find out how much your home is worth if and when you sell it, not before.
  • September 27 2011
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Profile picture for Blue Nile
It is primarily the amount you paid in 2009 that is determining the estimate, and thus the estimated "value" per sqft, and difference between the neighbor's.  (The neighboring properties were purchased somewhat earlier).

Remember, it is only a machine "opinion" of approximate market value and doesn't reflect what the house would actually sell for.

If there are no mistakes in the amount you paid nor the date you purchased, nor any mistakes in the tax assessed value; then the machine "opinion" is not a "mistake".  The only thing that can be done to change the number would be to sell the property, and then the new sold price would be used instead of the last sold price.

But the estimates are recalculated 3 times a week, and new "sold" data comes in from the data providers from the county records in batches, so, eventually the numbers all change anyway.

Also remember, those fluctuations you see in the estimate trends are not the data, but an indication of the sparse nature of what sells at any given point in time, and how those sales relate to the properties.  You need to smooth those fluctuations out to be more similar to the city and zip code index trends.  But in general, if you paid a "fair" price in 2009, then the opinion of approximate value is reasonably good.  Also don't forget to look at the "range" of the opinion:  $366K – $529K.  (Don't get too stuck on one number).


  • September 27 2011
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Profile picture for wetdawgs
At the moment, it appears that the price per square foot on your little street range from lower than yours $229 to about $244.  That extremely tiny range but with some variabilty is likely due to other factors such as the last purchase price.
  • September 27 2011
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In add to Heidi.  Open your home detail page, hover your mouse on the pencil edit menu, click on the Claim your home, then click on the Edit home facts.
  • September 27 2011
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make sure you claim the home and adjust all the details. It will not correct overnight but don't worry this is a fun estimation site not meant to determine actual value.
  • September 27 2011
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