# Zillow can you tell me the difference between these two houses?

http://www.zillow.com/HomeDetails.htm?zprop=19578485

http://www.zillow.com/HomeDetails.htm?zprop=19680366

other than the first one being on a major road and worth almost \$200k more than the second.

January 23 2008 - US

#### Replies (7)

bump.  I would like to know what is factored in to create such a huge discrepancy.

January 25 2008

sakidd12 -

Checking on both properties, the sale history could be a possible reason why 1048 Lincoln Ave has a higher Zestimate value than 1185 Blewett Ave. We have 2 sale transactions for 1048 Lincoln Ave while none for 1185 Blewett Ave. Of course, the more data we have, the more accurate the Zestimate value we can provide for a home.

Recent sales transactions are definitely the factor weighed most heavily in the calculation of Zestimates because that it reflects what a buyer paid for a specific house at a given point in time. We do have built in logic to exclude foreclosures and sales within families from our Zestimate computation.

I hope this explanation helps.

January 25 2008

one would think that most recent sale would boost the estimate for all like propertes in the area.

January 25 2008

agree with sakidd12, zestimate should not only use a house's recent sales prices, but use sales prices of all like properties in the area to estimate, it makes more sense.

so if a house is sold at a low price, it will drag down the value of all similar houses in the area, and if it is sold at a high price, all similar properties in the area should go up with it.

January 28 2008

no wonder everything in Vegas went up! By excluding foreclsoures you got rid of 60% of the house sales this year for banks that were just dumping and auctioning.

January 28 2008
1048 Lincoln is zoned for commercial use and is rented to a business. 1185 Blewett is a residence. Lincoln Ave is a trendy business district.
January 30 2009
Sound like good info. That might make a value difference or at least a difference in the assessed value piece of the Zestimate.
January 30 2009

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