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values not making sense

I never received a response from you on this question I posed a while ago. please explain this: non upgraded 1600 sq foot house a few feet from my house went up $7000 in the last 30 days, my house went down nearly that much and my house has upgraded systems, roof, windows, etc. and is 2800 sq feet????

Please help me understand your odd estimates of values!
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February 10 2011 - South Arroyo
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Answers (3)

I had a discussion with Pasadenan on the following link:

http://www.zillow.com/advice-thread/How-does-zillow-determine-the-value-of-homes-in-30-day-tracking/372082/

He gives a feasible idea of how Zillow does it. I don't fully agree, but he does seems to know a lot about Zillow stuff.
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February 13 2011
As Simon said, read about what is Zestimate is, and dont take it too seriously.
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February 10 2011
There are many variable that comprise the Zestimate and often times the results don't make sense.  Here is an explanation of the Zestimate.  Hopefully that will help you understand it is not an accurate tool for valuing property.
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February 10 2011
 
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values not making sense
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