Profile picture for sd130

Reasons for sudden value drop?

My property's value hs been dropping steadily over the last several months. In fact, it's now dropped below my neighbor's when it's always been higher. How is this possible when they've done no improvements or additions? Does Zillow calculate it's estimated market value ranges based on recent assessed values by the town? Thank you in advance for your response.
  • June 30 2011 - Town of Andover
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Answers (2)

Profile picture for Dunes....
If you were not aware....

Zillow Announces Zestimate Improvements
(You should IMO  share your Opinion here as others have)

AND

"Historical Zestimate"

"With the data delivery yesterday, we have re-computed historical Zestimates back to January 2006. There are a few algorithmic developments that we are still working on and, once these are done, we intend to re-compute all Zestimates back to 1996."
Upgrading the Zestimate
  • June 30 2011
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Zillow only uses public records to compute its Zestimates.
  • June 30 2011
  • 0Yes

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