Answers (2)
- Rachel Rosen, "RachelRosen"
- Contributions:1734
What I noticed is we don't have taxes yet for 2011 on any of the homes surrounding your listing, and I can see that your tax assessment jumps up significantly in 2011 compared to when it was built/bought the year before. You can see the same pattern for your neighbors. All the tax assessments jumped the year after being built/sold on the land. I'm not sure if this is the reason your home is lower or not, but I did send this in the Zestimate team to take a look at it. Feel free to note this in the owner comment section on your listing.
Here is a link to the Zestimate FAQ's: http://www.zillow.com/wikipages/What-is-a-Zestimate/
Here is a link to the Zestimate FAQ's: http://www.zillow.com/wikipages/What-is-a-Zestimate/
It is totally wrong, and it seems that there is an erroneous Tax Valuation of $25,300. You would think that Zillow would have some sensibility checks built into its algorithm to hightlight such obvious errors when your home is massively undervalued by zestimates compared to neighboring homes. But then with zillow being so incompetent in almost everything it does I can't say I am at all surprised. Best thing you can do is flag your home to draw attention to the error, but don't hold your breath as sometimes it takes zillow forever to actually read and correct errors like this.
The Zestimate on my listing is totally & positively wrong. How do I correct it?
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