Profile picture for primadonnasdecor

When will Zillow re-evaluate value of my home after remodel?

Recently added new info & photos re: extensive home remodel. We want to apply for a refinance and would like to refer to Zillow as a valuable tool in estimating the current value. How long before Zillow re-calculates the current value of our home? Thank you.
  • October 06 2013 - Corvallis
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Answers (2)

Profile picture for CallTheSisters
You do not have to worry about the Zestimate Zillow has for your home.  Your lender will send out an appraiser who will professionally set the value of your home based on the current market.
  • October 07 2013
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Profile picture for wetdawgs
Zillow is not a good tool for seeing estimated property values before and after remodels.  Zillow uses the home facts, and if square footage hasn't increased or tax assessment hasn't increased it is likely the Zestimate will not change.

If you've claimed your home and added square footage, it takes about two months for the Zestimate to fully reflect the benefit of the edits.  (See more in "What is a Zestimate?")

Lenders are not allowed to use Zestimates for lending decisions.  Please see section 1 of terms of use (link at the bottom of the page)

  • October 06 2013
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