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My house just appraised over twice what zillow has it! How does this happen?!

We have a housing shortage in our town & booming wind & natural gas industry.
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November 19 2012 - Woodward
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Thank you Kayla!
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November 21 2012
The Zestimate is merely a starting point and is not an appraisal, nor is it a comparative market analysis.  A significant factor that can determine the difference between the Zestimate and the sold price is the amount of information we have about a specific property. The Zestimate is calculated from public and user submitted data; your real estate agent or appraiser physically inspects the home and takes special features, location and market conditions into account.

You can also post the appraisal in an "Owner Estimate" by clicking on "Post your own estimate" located under the Zestimate section of the home detail page. For more information about Zestimate's, visit this link: http://www.zillow.com/wikipages/What-is-a-Zestimate/

Thank you for using Zillow!


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November 20 2012
 
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My house just appraised over twice what zillow has it! How does this happen?!
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