The estimates on here are wrong. Also the maps are outdated, Properties are not shown correctly on

Profile picture for pallasl
You really need to check and update your information.  I know for a fact that my home is worth more than my neighbor, but you show my house as being way less.  You are also pulling the housing market down with your mistakes on your site.
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May 27 2011 - Clearlake
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Profile picture for Roger A Johnson
The Zestimate is NOT a way to determine the true value of a property.  Zillow pulls their data from other sites/public records/etc.  Their Zestimate is only as good as the information they have on file.  Change "Zest" for "Guess" and you've got a more accurate definition of the zestimate.

As for pulling the housing market down, I doubt one website would have the power to do that.  Housing markets are determined on a local level with prices in the area.  What buyers are willing to pay and what licensed appraisers comp properties in the area determine market value.
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1Yes

May 27 2011
 

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