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how does Zillow figure price?

My house on 5084 Calwa Ct, San Jose, CA (2416 sq ft) has been almost completley udated (2008). New kitchen (cabinets, appliances, floor, granite), new floors downstairs, new carpet upstairs, new stairs, etc.. and has only a zillow value of $578K. My new neighbor across the way at 5072 Calwa CT  has as smaller house (2106 sq ft), about same size lot and we both have pools and a 3Car Garage. His kitchen is the same as when built in 1975. But, his house is values at $638K Why is that?

  • November 19 2009 - Joes Landing
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Answers (1)

Zillow does not figure price.  Zillow figures an estimate based on very generic and public info. Here is the link that explains.  Zillow does not know about home improvements unless the property tax assessor's office changes the tax because of them.  Usually, if you claim your house and update the info about it, the zestimate will change.  
  • November 20 2009
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