Zillow Advice: Home Equity Loans - We doubled the size of the home & remodeled it. Why is your estimate so low? It is hurting us. http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ Zillow Advice | Zillow Real Estate Giving a value to properties ... http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ <p>Giving a value to properties has various criteria. When you get an appraisal for example, the appraiser looks at recent sales within a period of three months usually. The most recent comparables are what drive the price, as do other factors. Zillow's prices are not always the most accurate but they give a snapshot of what the house is likely worth based on a few of the criteria that an actual appraisal would reveal.</p> Sun, 01 Aug 2010 16:51:00 GMT http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ 2010-08-01T16:51:00Z Zillow is just that, an estimate, ... http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ Zillow is just that, an estimate, based on public records...not based on visiting your house. Contact a Realtor and Appraiser in your area to assess the true value. <br/><br/> Sun, 01 Aug 2010 01:52:00 GMT http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ 2010-08-01T01:52:00Z How does it hurt you? http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ How does it hurt you? Sun, 01 Aug 2010 01:44:00 GMT http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ 2010-08-01T01:44:00Z I understand your frustration, ... http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ I understand your frustration, unfortunately Zillow has grown too large to take care of everyone's need anymore. I think they still try, but imagine how much resource will be needed to keep all houses current.<br/><br/>As people still look at Zillow, and a few other site as first choice Real Estate sites, I agree it hurts you.<br/><br/>You can use Zillow to make your own estimate and then publish it. Then at the description area, reiterate your estimate and that you had remodeled extensively, then put in bold that Zillow still has not updated yet.<br/><br/>I hope this helps, although imperfect... Zillow is still a good site for most people.<br/> Sun, 01 Aug 2010 01:34:00 GMT http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ 2010-08-01T01:34:00Z If you added square footage, ... http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ If you added square footage, when your county assessor updates their records with your new square footage, Zillow will pick up on that and up your value - all in good time. They did the same when I did an addition - but it just takes time - be patient. Updating records yourself in Zillow does not always change your value, nor should it, or everybody would lie and change their sq footage for a higher Zestimate.<br/><br/>And Zestimates dont 'hurt' anyboday...they are only estimates. If you dont like them at Zillow, dont go to Zillow, Google HOME VALUE SITES, and try other sites. <br/><br/>Your home is worth what its worth -= and no home value site nor appraiser nor Realtor can 'hurt' your value. The only things that hurt it is a&nbsp;poor condition, deferred maintenance and the like...<br/><br/><br/> Sun, 01 Aug 2010 00:54:00 GMT http://www.zillow.com/advice-thread/We-doubled-the-size-of-the-home-remodeled-it-Why-is-your-estimate-so-low-It-is-hurting-us/360316/ 2010-08-01T00:54:00Z