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Why is my condo Zestimate $100,000's more than my very next door neighbors. I updated the spec's.

  • September 30 2011 - Carlsbad
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Answers (2)

Hi Laura,

A Zestimate is not an appraisal, the information sometimes has nothing to do with your property. Don't worry, the values here aren't used by agents or appraisers for real estate transactions. But, it feels good to think our own properties are valued higher, but when it's $100K higher, you know it's not accurate!

Regards,
Cory
  • September 30 2011
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Yes, kinda weird but most likely based on your most recent and nearest comp at 3685 Azure Circle which sold for $455,000. Thats how computerized value sites work.

You made comment to the high value under Description in Zillow, so I would simple give it time.

Most people complain about the values being too LOW, enjoy it while you have it.
  • September 30 2011
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