Why is a home WAY overvalued in my neighborhood?A foreclosed home in my neighborhood of very similar designs is valued at $453K, when everything else is in the $260-$285k range. How is this possible? Is the listing agent joking? I realize sellers need to start high, but this is beyond ridiculous.November 20 2009 - Hillsboro00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.