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Answers (4)
- Gwen Banta "Sherlock of Homes", "Gwen Banta"
- Contributions:107
Carol, you needn't worry about it unless you are ready to sell. At that time, be sure to interview several neighborhood real estate experts. They will bring you comparables and provide a realistic price for the value of your home. Area agents will know how to evaluate things such as: location, desirablity of the school system, style, decor, curb appeal, proximity to conveniences, noise, condition of the home and other assets and liabilities regarding your specific home.
Remember, Zillow cannot determine if a pack rat is living next to you, or if the airplane noise overhead is unbearable, or whether every home on your block is immaculate compared to nearby neighborhoods. Zillow doesn't know if your house is dark and dated or full of light and amenities. Statistics are a starting point - let the professionals determine the list price...and ultimately, the market will determine the sale price.
Remember, Zillow cannot determine if a pack rat is living next to you, or if the airplane noise overhead is unbearable, or whether every home on your block is immaculate compared to nearby neighborhoods. Zillow doesn't know if your house is dark and dated or full of light and amenities. Statistics are a starting point - let the professionals determine the list price...and ultimately, the market will determine the sale price.
- Vince Curtis, "SoCal Appraiser"
- Contributions:4701
I wouldnt worry about it. Your home is worth what its worth with or without Zillow. Youll only find the true worth if and when you sell it.
- Francis Lee, "Creative Solution"
- Contributions:29
The information was pulled from the Tax record, it is depending on when you purchased your home and at what price range. If you purchase your house many years before the bubble, your value will show lower value. Zillow's zestimate is just a computer generated system that pulls these data from the tax record. It does not think or analyze on individual basis. To get a better idea of your home value, get a BPO (Broker's Price Opinion) from your real estate agent. To get most precise value, order an appraisal of your house from a license appraiser.
- Call The Sisters, "Call The Sisters"
- Contributions:373
Zestimates are pulled from public records. If comp houses have sold more recently than yours their estimate will be higher.
Finished square feet in a basement is never counted the same as finished square feet above ground. Even if the basement is partially above ground that square footage cannot be added to a 1st or second floor to equal total. In an MLS listing it is counted as finished square feet below ground.
Finished square feet in a basement is never counted the same as finished square feet above ground. Even if the basement is partially above ground that square footage cannot be added to a 1st or second floor to equal total. In an MLS listing it is counted as finished square feet below ground.
Why is the value of my house so much lower than the other houses on my street?
Carol Taylor
714 Beacon Cove
Lawrenceville, Georgia 30043
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