why does my property go down by 3K while my neighbor's increases by 3K

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2613 Sawmill Dr, Raleigh NC  27613
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June 13 2012 - Raleigh
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Answers (2)

Profile picture for Pasadenan
Personally, I don't see what the issue is with a less than 3% fluctuation and/or "adjustment", when the posted tolerance range is about +/- 20%.

It might help to read the FAQ:
what is a Zestimate

(The estimates are not intended to move in unison).

I couldn't find any of the neighbors that increased $3k in the past 30 days... so I'm comparing it to one that increased $900 instead:



web address:
http://photos1.zillow.com/is/image/i0/i13/i7719/IS-9wh3b3nlxv8d.jpg

I'm really not seeing that much difference.

And then "smoothing" with shifted running averages:


web address:
http://photos1.zillow.com/is/image/i0/i13/i7720/IS-1o67n3k8769nh.jpg
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June 13 2012
Profile picture for user641287
I certainly would like to know this as well. My 1600 ft, well maintained home had an $8000 loss in a month while my neighbor's 1000 ft battered mobile home down the road had an increase of $5000. Trulia has my house valued at what I feel it is worth. I won't be using Zillow any longer for credibility. They are a joke.
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June 13 2012
 

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