The zestimate for a house was 118K & 2 hrs later it was down to 98K. How can this be? Seems suspect!

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June 13 2011 - Berea
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Answers (3)

Profile picture for wetdawgs
 Zillow updated their Zestimate algorithm , and included some historical calculations effective today.  You can read more here.
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June 13 2011
Zillow does a major update on its estimate method of calculation and it is not only your home which has changed in value, many are same, my home is dropped $60K in a few hours. 
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June 13 2011
Profile picture for SoCal Appraiser
Read this...

http://www.zillow.com/wikipages/Most-Popular-Zillow-Questions/

...Zestimates are only guesstimates, NOT your exact value - dont take it too seriously...


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June 13 2011
 

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