zestimate valuations

Profile picture for bad georgie
This is my house, 27 togansett Rd providence ri 02910.  I am curious.  When I bought it for 215k... the zestimate was right around there and it shot up to $270 k as the year went on.  Now, the old zestimates have declined along with the current zestimates.  I don't understand.  I also don't understand why this is so low, considering all the comps that have sold... sold for much more.



Thank You



George

  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

August 19 2011 - Cranston
 Share
 RSS
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (2)

Profile picture for bad georgie
What I am getting at is on Zillow, at one point in time, it showed my house value up to 270k.  I'm talking about on the graph.  Now, when I look at that graph, which covers the past few years, to when the value was higher like that, the graph doesn't show that price or even close.  So how can zillow 'imply' a value at a current point in time, but then negate that at some point in the future?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

August 19 2011
Profile picture for rihousehunt
George, what is your question on zestimate valuations?  Obviously it is not like the tax appraisal company coming into your home since zillow does not do that.  What they do is look at recent solds  with square footage of home, bedrooms, baths, garages & land and estimate what your home is worth.
Hope that helps you a bit...best Ginny Gorman
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

August 19 2011
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion
Related Questions
Profile picture for user471053
Questionwrong house info
  • Asked by user471053
  • March 09
Profile picture for bad georgie
Questionzestimate valuations
  • Latest answer by bad georgie
  • August 19 2011
Profile picture for Erin Diaz, Broker ~ Owner
QuestionHow do you change the status to SOLD?
  • Latest answer by Erin Diaz, Broker ~ Owner
  • August 10 2010
Related Articles
GuideTroubleshooting Search Errors on Zillow
GuideHELP
GuideHELP - Site Errors
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy