Why is my home estimated for so low compared to homes of lower size and just accross the street.

Profile picture for Adela2
Ex. My property is 37013 Casa Grande Ave, Palmdale, CA 93550 which has a much bigger lot size and 1 more bathroom with inground pool (2303 sqft/Lot 10,800sqft, yet the value is lower than that of 37026 Casa Grande Ave, palmdale, ca  which has a lot size of  2,303 sqft/ Lot 6,969sqft  which is much smaller! Both houses have the same square footage and were built the same year by same builder and are accross from each other.   Also, my house has an inground pool and this house has an above ground pool?  Your estimates make no sense!!  My house accourding to your estimate is 193K, but the other house obviously much smaller is estimated at $230K??
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August 12 2009 - Palmdale
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Answers (4)

Profile picture for real estate mike
because the guesstimate guessed wrong. it's o.k. it happens. We can reasonably assume from a simliar finish out on the inside that your property is indeed worth more. is it fair that this website says otherwise; maybe not.  
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July 09 2010
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It could also be that the homeowner listed upgrades through the Zillow interface.
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July 08 2010
Profile picture for tjtague
It is a rough guide to the property value and nothing else. Only look at $ sold per SQ ft and add one the cost of the pool
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January 07 2010
Profile picture for reprobob1
You should scroll down to the bottom and click on this link...

http://www.zillow.com/how ... uracy.htm


Regards,

Bob Sendel
[Content removed by moderator due to self-promotion]
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January 02 2010
 

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