Profile picture for psnoyes

Zestimate valued my home at $1M as recently as July 2010, but has plummet by 60% since.

My Zestimate has plunged almost 60% just in the last 8 months.  You may want to re-evaluate  your algorithm in cases like mine, in Federal Way with land.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 09 2011 - Federal Way
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (4)

Hi psnoyes.  Can you provide the address for your property?  Just saw your other query about seasonality in your valuation.  You can send me a direct message via Zillow as well if you don't feel comfortable sharing your address on this public thread. 

Thanks.

Stan
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 11 2011
There is no type of property in any Washington State market that I know of that has depreciated 60% in the last 8 months.  There can be specific examples, however, but I wouldn't worry too much about a Zillow estimate.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 10 2011
Do not panic, Zestimates are not accurate by their own account, http://www.zillow.com/howto/DataCoverageZestimateAccuracy.htm
 
Good luck, hope this helps.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 09 2011
I would not worry too much on individual property Zestimate, but your area trends and stats should be considered.

http://www.zillow.com/local-info/WA-Federal-Way-home-value/r_45255/

Your home is worth that its worth regardless of Zillow.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
April 09 2011
 
Related Questions
How much will values change in zip 98003
Profile picture for Stephanie Stetler
Latest answer by Stephanie Stetler
August 19 | 2 answers
projected increase in values in 98003
Profile picture for Kary L. Krismer
Latest answer by Kary L. Krismer
August 18 | 1 answers
Rent or sell ?
Profile picture for Dave  Skow
Latest answer by Dave Skow
July 29 | 12 answers
How does the make me move option work in zillow? Is it successful with helping to sell houses?
Profile picture for medphysnc
Latest answer by medphysnc
July 08 | 4 answers
wrong price at 1417 S 308th Ln Federal Way Wa
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 32444 1st Pl S, Federal Way, WA Home For Sale
    32444 1st Pl S, Federal Way, WA 98003

     For Sale: $207,000

    • Beds: 2
    • Sqft: 1150
    • Baths: 2.0
    • Lot: --
  2. 1836 SW 318th Pl APT A, Federal Way, WA Home For Sale
    1836 SW 318th Pl APT A, Federal Way, WA 98023

     For Sale: $158,800

    • Beds: 3
    • Sqft: 1454
    • Baths: 1.75
    • Lot: 780789
  3. 6502 25th St NE, Tacoma, WA Home For Sale
    6502 25th St NE, Tacoma, WA 98422

     For Sale: $230,000

    • Beds: 3
    • Sqft: 1580
    • Baths: 1.75
    • Lot: 81457
 
 
 
Sign in with Google