Profile picture for minimouse

Wrong home value

Our home value is very low compared to the home prices in our neighborhood. Even the houses inferior to our house have much higher value. Other websites show the value in range of 425K to 495K. This is disturbing because we are planning to put our house on sale early next year, and the wrong estimate by zillow can lower our house value.
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October 24 2011 - San Jose
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Answers (2)

Profile picture for Pelican58
I m very disturbed also regarding Zillow "zestimates" on my home. They have my house decreasing just now by $ 20,900 and my neighbor's house which is much inferior to my house increasing by $ 5,900 !.   Zillow should not be allowed to do this and their so called "zestimates" removed from the internet and I am going to pursue whatever action I need to do to have them stop this crap.
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October 26 2011
Hi Mini,

    I would not be too concerned with the Zestimate you are seeing here, these are very generalized figures for the area. If you are planning on selling soon, I would consult with a local Realtor who knows your area to give you a true indication of value. The Realtor will be able to view everything about your home and compare it to other like properties in your neighborhood that have recently sold. Unfortunately I am in So. Cal. otherwise I would be more than happy to assist you.

Regards,

Ryan
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October 26 2011
 
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