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Answers (3)
- sunnyview
- Contributions:25139
Wow that was quite a jump to make Seth. You might consider that the person may have been asking about prices on Zillow or even in their local market like a trashed REO with no kitchen vs a well maintained private sale.
If you are asking about prices on Zillow, most often those types of differences result from a difference in the past sales history or the assessment value. There is more information on the Zestimate here. In local markets, differences like this are usually a result of condition issues in REO's or are priced that way as short sales hoping for bank approval.
If you are asking about prices on Zillow, most often those types of differences result from a difference in the past sales history or the assessment value. There is more information on the Zestimate here. In local markets, differences like this are usually a result of condition issues in REO's or are priced that way as short sales hoping for bank approval.
- Seth Thornsberry, "Russellville Agent"
- Contributions:51
just answering from the question you submitted and without seeing the house there is only one answer............the house is over priced
- HomeSand.net, "White Picture"
- Contributions:4398
Bigger house size used to get lower price per sqft, home's value = structure value + land value. Price per sqft = home value / house size, since your home has the lot size that almost as same as your neighbor's lot sizes and it has bigger house size that compares to your neighbor's, naturelly it has lower price per sqft.
Why such differences in value per sq ff
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