Profile picture for user804225

home values are not consistent

how does this site do the Zestimates?  why is it a property 200 sq less (2189 vs 2197 McLaughlin Dr, 27406) worth 25K more?  the land is even smaller in size.....
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July 28 2012 - US
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Answers (1)

Profile picture for wetdawgs
Have you had a chance to read "What is a Zestimate?"   Zillow updated it recently and it is essential background reading, IMHO.   It addresses some of the reasons for variation (for example, the tax assessment for the smaller home is higher than for the larger home in your example).  It also addresses the "value range", numbers that in my opinion are more important than the Zestimate.

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July 28 2012
 
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