Zillow Advice: Home Buying - what is the zestimate value range for http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ Zillow Advice | Zillow Real Estate Zillow gets their information ... http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ Zillow gets their information from public records and feeds from other sites, they don't look at upgrades or location within a neighborhood for example. If a complete fixer sells for way below value on your street, it'll affect a Zestimate more than it will affect your value, because condition was not taken into account. An agent can prepare a CMA, a Competitive Market Analysis for you, that will give you a better picture of value. <br/><br/>According to past sales, and without looking at condition, etc, this property is somewhere in between $148k and $280k. So you can see how Zillow could be off!<br/><br/> Sun, 27 Mar 2011 20:38:00 GMT http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ 2011-03-27T20:38:00Z What is the Zestimate?&nbsp; ... http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ What is the Zestimate?&nbsp; An unreliable guess based on some new and some old data.&nbsp; When you add current data to obsolete data you get an average of "nothing accurate". Sun, 27 Mar 2011 19:41:00 GMT http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ 2011-03-27T19:41:00Z Follow is a example - &gt; ... http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ Follow is <strong>a</strong> example - &gt; Follow is <strong>an</strong> example <br/><br/>Not too good English! Sun, 27 Mar 2011 19:12:00 GMT http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ 2011-03-27T19:12:00Z This is just my guess since ... http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ This is just my guess since I'm not working for Zillow.<br/>Value range is the compare&nbsp;from&nbsp;your house size, lot size, bedrooms, bathrooms, etc... to the comps. Follow is a example that how the value range is calculated. it is low as $227K compares to one property and high as $340K when compare to the other. and we take total compared&nbsp;value divide by number of comps to get the average value which shows at about $300k.<br/><br/><a href="http://homesand.net/QuickComps.aspx?12363+Topa+Hill+Cir+Lakeside+CA&amp;citystatezip=92040?Map=1" rel="nofollow">http://homesand.net/QuickComps.aspx?12363+Topa+Hill+Cir+Lakeside+CA&amp;citystatezip=92040?Map=1</a> Sun, 27 Mar 2011 15:01:00 GMT http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ 2011-03-27T15:01:00Z Its just a rough estimate ... http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ Its just a rough estimate of what the property potentially could be worth. To get a more accurate estimate, get a realtor to do a cma or hire an appraiser . Sun, 27 Mar 2011 14:51:00 GMT http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ 2011-03-27T14:51:00Z Follow is the link to the ... http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ Follow is the link to the subject property detail page which shows the value at $270K and the value range is from $235K to $306K.<br/><a href="http://www.zillow.com/homedetails/12363-Topa-Hill-Cir-Lakeside-CA-92040/16894376_zpid/#{scid=hdp-site-map-bubble-address">http://www.zillow.com/homedetails/12363-Topa-Hill-Cir-Lakeside-CA-92040/16894376_zpid/#{scid=hdp-site-map-bubble-address</a>} Sun, 27 Mar 2011 14:49:00 GMT http://www.zillow.com/advice-thread/what-is-the-zestimate-value-range-for/392483/ 2011-03-27T14:49:00Z