The zillow estimate is based on house only and not the additional acreage.

Profile picture for mld0319
Our listing includes a single family home AND 22 acres of land, yet the zillow estimate only recognizes the home details in its price. This is frustrating since potential buyers see our listing price is a lot higher than the zestimate! How can I change the details so the zestimate is accurate?
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September 28 2011 - Ypsilanti
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Answers (18)

Profile picture for Pasadenan
I don't need to visit the property.  I can calculate the potential health impacts from those power lines that you don't see without ever going to the property nor seeing them.  I can also calculate the construction costs and determine potential additional building locations without being at the property.  And can also state the Zestimate included the value of the land, and not just the structure.


Anyway, since it is so "beautiful" and you are not bothered by the power lines, I suggest you buy your siblings out and move there.

By the way, you still didn't post an owner comment on the Zestimate on the home details page in the space provided for your comment.  Nor did you post a comment for the sudden substantial drop in the tax assessed value.
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October 10 2011
Profile picture for mld0319
To Pasadenan: Have you visited this property in person? 
Do you work for zillow? Why would you question my integrity with such questions? Here is what you wrote and I've added my answers.
"Anyway, I'm just a bit surprised that an "owner" that is selling a house with land:"
a) doesn't live there : Answer: the property is owned my six siblings and since we are all adults we no longer live together but have our own homes. Mine happens to be out of state.
b) was unaware of the adjacent high voltage power lines: Answer: you cannot see these power lines from the house because the trees are so tall and plentiful and completely block them. They aren't on our property and are not near a potential building site.
c) was unaware of the property slope, or impact of the slope on the potential value. Answer: Unaware? The land is full of property slopes. That's what "rolling" refers to. Sloping is a positive impact, not a negative impact in this case.
d) hasn't been to the property to be aware of these potential impacts to the property value. Answer: I actually grew up on this property and played in the woods throughout my childhood. Have you been to the property?
e) thought the property should be worth more just based on value of a square ft of nearby land. What nearby land? I never said any such thing.

Pasadenan: I'm surprised you assume so much, knowing so little. This really is a beautiful piece of property.

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October 10 2011
Profile picture for Pasadenan
Sorry, meant to type 1/2 of 1/4 of 1/4 of a section...
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October 01 2011
Profile picture for Pasadenan
Where I got my distance estimate:

1) There is a stark difference between the sloped "forest" area, and the lower "cleared" area nearer the lake, implying a property line of some kind.

2) The "edge" of the forest area seems to parallel the overhead power lines quite well.

3) 22 acres is just 10% over 20 acres, and 20 acres is half of one quarter of a section (square mile), or about 1/8 mile by about 1/4 mile, or about 660 ft by 1320 ft.

4) The width of the garage part of the house is about 20 ft, possibly up to 22 ft.

5) The structures and clearing to the east seem to imply where the east property line is.  And the north property line likely is the road.  22 acres appears to be about the size of the forest area.

6) The picture of the poles from the lower area with the house nearer the lake gives us a relative height of the poles.  The house is about 35 ft tall; thus the poles seem to be about 60 ft tall.  Though perspective views do make it harder to translate distances in different axis; the height still gives a relative distance of the poles to the edge of the forested area.

7) From the south view, the "clearing" from the pole to the forest line is approximately the same width as the garage.

8) The view from the north also gives about the same relative measurement of the garage width and clearing from the closer pole to the "forest" line.

Anyway, I'm just a bit surprised that an "owner" that is selling a house with land:
a) doesn't live there
b) was unaware of the adjacent high voltage power lines
c) was unaware of the property slope, or impact of the slope on the potential value.
d) hasn't been to the property to be aware of these potential impacts to the property value.
e) thought the property should be worth more just based on value of a square ft of nearby land.

If I was interested in buying the property, the first thing I would want to know is the legal description of the property and actual boundary dimensions.  And secondly, the impact of those power lines.  (Yes, you can call me one of those EMF freaks if you want).

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October 01 2011
Profile picture for New_Englander
You would know if they were on your property because there would be an easement on your property, owned by the power company.  (Actually, if they are as close as Pasadenan estimates, there should still be an easement which affects how close you can build, even if the lines themselves are not on your property.)
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October 01 2011
Profile picture for Pasadenan
I'm sure they are not on your property and that the power lines do not cross any of your property; but what I don't know is how close the property line is to the power poles and power lines.  It looks like it may be as little as 10 ft; or possibly up to 50 ft.

Anyway, I'm not going to attempt any EMI nor EMF calculations, so it will have to be a buyer decision if it is relevant to them.

With the height of those poles, and the structure; I'm guessing 35 KV; but I could be way off.  I do not think it is less than 12 KV.

It appears to me to be 3 conductors stacked vertically for each pole.
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September 29 2011
Profile picture for mld0319
Yes, I see them now! They are on the western edge and may not even be on our property (I think they are part of the Mirage Lake subdivision). My brother would know for sure since he actually lives near there. Thanks.
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September 29 2011
Profile picture for Pasadenan
Oh, by the way, I already knew they were not in the posted photos, nor visible from the house due to the property slope and the trees.
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September 29 2011
Profile picture for Pasadenan
The power poles are even clearer form the west:


And here is from the north:


and from the east:
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September 29 2011
Profile picture for Pasadenan
Relationship of power poles west of property to the house:

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September 29 2011
Profile picture for Pasadenan
Ah, I see now that they are steel or aluminum power poles, for high voltage lines going around the perimeter of the lake area:





I can't tell how close they are to your west property line though as the property line is not marked, and it appears that you have in irregular shaped lot based on the size and surrounding items.
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September 29 2011
Profile picture for mld0319
To Pasadenan:
I believe the two large "poles" you are referring to are TREE'S. There are no utility poles in any of the pictures, nor are they visible near the home.
Thanks for your answers, though.
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September 29 2011
Profile picture for Pasadenan
Of course, I'm sure you also realize that the slope of the land has a large impact on land value.

By the way, what are those two huge tall poles just west of your property?
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September 29 2011
Profile picture for Pasadenan


(No last sold price/date data; house missing from public records data, implying tax assessed value extrapolation will be low due missing structure.  Also, as the tax assessed value was dropped substantially in 2010, the extrapolated values will be assumed lower).

Homesand.net is saying
$70.6k structure
$196.3k land
$266.9k total.

Obviously, a linear extrapolation based on 3 recent sales in the area with the land area of the comps being: 1 acre, 8¾ acres, and 1 acre is a bit deceptive.

Not all land has the same usage potential, and not all lots can be subdivided, and subdivision of lots still may require substantial work for access and utilities.
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September 29 2011
Profile picture for Pasadenan
Zillow does include the land as one of the variables they model to...

But often the last sold price adjusted for last sold date has much more significance in the estimate.

If your land is shown wrong on your home details page; you can claim the property and edit it.  The revised numbers will affect the estimates starting in approximately 8 weeks from the time you edit it.

Homesand.net breaks out the land separate from the structure in their estimates, so you might want to try that to see how that works out for you.

Zillow models to ownership housing units, not empty lots; so if you are selling based on development potential rather than present usage, Zillow's modeling will not be applicable to your situation.

Zillow provides a space for owner/agent comments on the Zestimate; so be sure to use it.  The wider the discrepancy, the better marketing exposure a home details page gets, as people want to know why the discrepancy.  Just make sure you tell them why in the comments.
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September 29 2011
Profile picture for Garreth
Zestimates often have little to do with value - check out the "margin of error" stats for your area.
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September 28 2011
Profile picture for SoCal Appraiser
Yes, it looks like you have a huge chunk of land there. Zillow really doesnt do well with acrage with homes over five acres, and I noticed the only sales for Zillow to calculate a value from where in the 1-5 acre range. Zillow just wont value your home very accurately.

Contact a Realtor or local appraiser in your area for a better value on your home. Or try another free online value site, but I dont think they will be much better.

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September 28 2011
I believe that only the home and 5 acres are included, even in appraisals if I remember correctly.  If your home is listed on the MLS it will show the acreage. 
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September 28 2011
 

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QuestionThe zillow estimate is based on house only and not the additional acreage.
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