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Why did my property go down when my neighborhood and next door neighbor's go way up?

Hi, 

According to Zillow, my property value has decreased over the period between 09/2011 and 4/2012.  However, the property values in my neighborhood, including my next door neighbors, have been skyrocketing.  Why is my property different? Here are the details:

Neighborhood (Mission) up 12%
My property 2762-2764 23rd St. (94110) down 4%
My next door neighbor 2766-2768 23rd St., up 12%.

If anything I have done more improvements than my neighbor.  What can I do to reflect this in Zillow?

Thanks, 

Ty 
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June 01 2012 - Mission
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Answers (3)

Have you updated your property facts on Zillow? If not, you must first claim the property and then correct and/or update the facts. Use the edit button (yellow pencil icon).

Oggi Kashi
Broker Associate, Paragon Real Estate Group CA DRE 01844627All data from sources deemed reliable but subject to errors and omissions, and not warranted. 
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June 13 2012

There are properties that sold for more than Zillow's estimate and there are properties that sold for less than Zillow's estimate.

Zillow cannot go inside houses and take pictures and evaluate the interior of houses.

Zillow is a guide and should not be used as Gospel for the value of your home

For a real market value of your home....Contact an experienced Realtor like myself.

Peter T. Chin #01866332[phone removed by Zillow moderator]

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June 07 2012
Zillow is probably wrong, period.

For an accurate value, contact a Realtor or appraiser in your area.

If anything I have done more improvements than my neighbor. What can I do to reflect this in Zillow?

Your answers here...

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

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June 03 2012
 
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Why did my property go down when my neighborhood and next door neighbor's go way up?
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Latest answer by Oggi Kashi
June 13 2012 | 3 answers
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