Profile picture for smessuri

Why is my residence declining in value an similar homes going up in value?

The residences adjacent to my property are the same gross living area, same bedroom count and same bathroom count with similar lot sizes.  My house is upgraded and includes a 30 panel solar electrical system and drought tolerant landscaping.  the adjacent residences have not been upgraded and their  Zestimates are over $50,000 more than the Zestimate for my residence and increasing in value.  Mine is decreasing in value.  How can you even remotely justify or support this discrepancy. It makes no sense.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 17 - Calabasas
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (1)

Calabasas
Zillow is a great place to start when your looking for a home or getting a ball park value but it should never take the place of a Real Estate Professional.   The programs that Zillow use to give you the Zestimate are more accurate in PUD communities with several tract home sales.  The Zestimate becomes less accurate on custom homes and unique homes.  Sounds like you have a very nice home with several upgrades that Zillow is unable to account for.  I wouldn't take it heart just get a professional opinion. 

Good Luck

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
August 17
 
Related Questions
Why is my residence declining in value an similar homes going up in value?
Profile picture for Steve Stinnett
Latest answer by Steve Stinnett
August 17 | 1 answers
The system reports my value has dropped when it acually increased?
Profile picture for Ice L.
Latest answer by Ice L.
March 27 2013 | 1 answers
How much does a view increase value of home?
Profile picture for Carey LaSalle
Latest answer by Carey LaSalle
November 22 2010 | 5 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 25570 Prado De Amarillo, Calabasas, CA Home For Sale
    25570 Prado De Amarillo, Calabasas, CA 91302

     For Sale: $3,799,000

    • Beds: 5
    • Sqft: 6248
    • Baths: 6.0
    • Lot: 19602
  2. 5365 Orrville Ave, Woodland Hills, CA Home For Sale
    5365 Orrville Ave, Woodland Hills, CA 91367

     For Sale: $760,000

    • Beds: 4
    • Sqft: 2856
    • Baths: 4.0
    • Lot: 11679
  3. 22865 Del Valle St UNIT 17, Woodland Hills, CA Home For Sale
    22865 Del Valle St UNIT 17, Woodland Hills, CA 91364

     For Sale: $389,999

    • Beds: 2
    • Sqft: 1340
    • Baths: 3.0
    • Lot: 24630
 
 
 
Sign in with Google