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Why is our zestimate lower than our neighbor's?

A neighbor house (11109 Pool Rd, Cockeysville, MD) has a zestimate of $432K when that house has one less bedrooms as our house, and its sq. feet is less than our house.
Our house only has a zestimate of only $371K, and i would like to know the reasoning behind this when our house seems to better in terms of location and other aspects.
  • July 10 2012 - Baltimore
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Answers (1)

Profile picture for wetdawgs
It appears the home with the higher Zestimate sold in June for $352k, so chance are good over the next couple of months you'll see the Zestimate decrease for that property.    It is notable in your area that the value range (explained in the "What is a Zestimate?" FAQ) is very wide for each property - suggesting very little data for Zillow's calculations.


A couple of things of note in your area:

Most houses also do not show the number of bedrooms.  You can claim your home and edit the home facts to provide the bedroom number if you've not done it yet.

You may also wish to compare the tax assessments for the two properties.  If I'm guessing correctly which is yours, it appears the tax assessor has your about 10% lower than the one noted.    Zillow does use the tax assessment as part of the Zestimate calculation. 

"What is a Zestimate?" provides some background on things to investigate if the Zestimates differ between neighbors.
  • July 10 2012
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