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hello i had a appraisal on my home and it says my home is worth 128,000 not 116,000 how ca n this

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November 05 2009 - Mango
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Mr. Bonas is correct. These Zestimates do not necessarily reflect the current market value.
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November 05 2009

Go to the Zillow FAQ link in the menu to the left. Click.

Go to the Most Popular Zillow Questions. Click

View any of the videos there to help you better understand how to use or adjust the values.

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November 05 2009
your zestimate is not a professional opinion of value. The zestimate is based on public information and does not take into account numerous factors. There are methods of "adjusting" the zestimate etc.... (check the FAQ section (zillow should pay me for the amount of times I type this message lol))

with that said if your zestimate is only off by 12k you are lucky and pretty close to actual value and therefore should be happy that your estimate with a z was close.

if you got an estimate on car repairs and it came back slightly higher or lower based on additional parts you would understand that the estimate was done without full knowledge of all factors.
the zestimate was an estimate on your home and w/o full knowledge it was close
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November 05 2009
 
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hello i had a appraisal on my home and it says my home is worth 128,000 not 116,000 how ca n this
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Latest answer by Valrico REALTOR
November 05 2009 | 3 answers
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