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Profile picture for jody2333

my home price is listed incorrectly

Hi  I looked up the price of my home and its been upgrated for some time.  You use to list it for more, and now the listing is really off.  The house should be at $125,000 at the least.  That is below the insurance on the property.  The two houses beside me have gone into foreclosure and maybe thats why its so low.  Any ideas?  I would like for the house to reflect more value, so how should I go about proving that?
  • May 30 2011 - Moody
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Answers (4)

Why do you want zillow to reflect a certain home value?  If you are trying to get a loan zillow doesn't have any control over the appraiser.  And if you are trying to sell a buyer won't be looking on zillow to find the value of your home.  Zillow is a reference not a kelly blue book guide. 
  • May 30 2011
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Profile picture for Carol Namath
Not trying to "should" on  you, but instead you might consider taking this opportunity to attempt to get your property taxes and insurance premiums lowered.
  • May 30 2011
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Profile picture for sunnyview
If foreclosures are affecting the value of your house on Zillow, there is not much you can do other than to wait for non distressed comps to balance out the equation. Foreclosed houses sell for about 41% less and short sales for about 19% less here. They are considered comps in this market in most places.

Zillow cannot take these out of their calculations just like appraisers can't. As the market stabilizes, more regular sales will help stabilize the median. Make sure and claim your house. Correct any home facts that are not right so that when your market does return to normal your house will be as accurate as possible.
  • May 30 2011
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You can edit your own home's details... however what is the reason you want Zillow.com to reflect a different value?
  • May 30 2011
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