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Why such a large discrepancy between Zillow and Trulia estimates?

My house zestimated at $254,000 in June and has gone down...currently at $196,000. Meanwhile, Trulia had the house estimated at $249,000 in June and has it currently at $279,000.   
  • October 11 2013 - West Milton
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Answers (2)

I know right!? That's why no one can really "rely" on the information you're seeing. It's free data that's being provided by a computer...  it's for informational purposes only. You could compare a number of things, room, size, design, etc. Compare between zillow/trulia as you can actually update those sites if information is inaccurate. However, you can also check out several other sites too, just to see what they say:  
www.eppraisal.com
http://homesand.net/Quick_comps.aspx
http://express.realquest.com/
https://www.chase.com/home-equity/home-value-estimator

Best of luck,
Kim Lawson
Ohio Licensed Mortgage Loan Originator
Contact and licensing information can be found on my profile.
  • October 11 2013
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Profile picture for wetdawgs
The two use very different statistical models. but usually they track better than your example.   Zillow's value range often can be very revealing.

  • October 11 2013
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