Profile picture for user804858

New dimensional roof jnstalled Zestimate shows a MINUS ????????

Original Zestimate $118,000.00 -  Had new roofing installed Cost $9500.00 and your Zestimate shows a 30 day minus $9500.00 !!!!!   Should not a new roof add value and NOT detract from value. Jess Kinnamon graybear@windstream.net 606 678 8978
  • June 28 2012 - Somerset
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Answers (2)

Profile picture for wetdawgs
You may find that "What is a Zestimate?" provides some useful background.

Zillow isn't sitting with binoculars evaluating the changes we make day by day (thank goodness) but using data available through public sources.    Repairs such as a new roof are not calculated in Zestimates, so no, it shouldn't add to the Zestimate.
  • June 28 2012
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Profile picture for Blue Nile
"improvements", nor even "maintenance" are factored into the estimates.  Even if the county records data showed the permit and increased tax assessed value for the "improvement", it still wouldn't adequately represent the change in potential value.

Any "drops" are from what sold in the area recently and had absolutely nothing to do with what was done for your home or not.  Besides, most of those changes are random fluctuations due entirely to the tolerance range of the estimates, and the random nature of what sells at any given point in time.

read the FAQ: what is a Zestimate for estimate limitations and disclaimers.
  • June 28 2012
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