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Zeatimate

I own 107 oletimers rd huntsville al 35811 I purchased it in 2012 for 144,000 the value of my home was appraised at 159000 My zestimate of my home now is 79000 which is so incorrect I have even done improvements since All my neighbors are values around 150000 How do I fix this please
  • June 11 2014 - Huntsville
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Answers (2)

Profile picture for Blue Nile
I see you have a duplicate home details page, added when it was listed for sale, missing the county records:
http://www.zillow.com/homedetails/107-Oletimers-Rd-Huntsville-AL-35811/2133609301_zpid/

(Duplicates always have 10 digits, beginning with the digit "2"; county records details pages have only 8 digits).

You can use the "report a problem" to have the duplicate page removed.
http://www.zillow.com/zestimate/#faq-18

You will note that page says unknown bedroom count, unknown bathroom count, unknown lot size, unknown house size, unknown year built, no tax history data, no sales data, SO, you can't expect a machine generated opinion to get very close if it doesn't have much data to base it on!
  • June 11 2014
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Profile picture for Blue Nile
Maybe you are looking at the wrong details page?
http://www.zillow.com/homedetails/107-Oletimers-Rd-Huntsville-AL-35811/92101713_zpid/

Present estimate is $137.8k, range $131k to $145k  (+5.2%/-4.9%)
The range is only a 70% confidence interval, meaning 30% probability that the present market value is not within that range.
http://www.zillow.com/zestimate/#faq-1

For "changes", see:
http://www.zillow.com/zestimate/#faq-3

For info on why high or low, see:
http://www.zillow.com/zestimate/#faq-2

It is not an appraisal.
http://www.zillow.com/zestimate/#faq-5

Changes since last purchased are not factored in, regardless if it is deferred maintenance, revisions, or improvements; unless it is reflected in the county tax records.  That is why it is only a "starting point" for further evaluation.

Tax history and sold price history are major variables in the calculation method.  That is the only way to capture views, amenities, fixtures, finishes, and features without site visits.

The details page doesn't indicate a sales transaction in 2012... did you post the wrong address?
  • June 11 2014
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