Do you trust Zillow?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Zillow gives you a range and the zestimate is the average. If you dont update your house info on zilliow like upgrades, reno, incorrect tax info the number may not be accurate but in the zillow pruce range. To narrow the range down inout data, idiots

My data is up to date. We moved last year, so the stats are pretty good on Zillow. Who's the idiot?

What comps have you set in zillow zestimate

[Anonymous]

We bought our single family house for $525,000 and put $100,000 into redoing it. It was appraised for $740,000 when we refinanced. Zillow still has us in the upper $500,000's.

Townhouse values are tough. we got burned on our previous house (a townhouse) because some of the cheaper units sold just before we listed ours. There is no way to convince a buyer to spend a lot more on a townhouse that looks the same as one that sold for less (even when the interior is a lot better). This also means that if yours is worth less than most of your neighbors - you might get more than you deserve when you sell.

[Anonymous]

When we refinanced my DH got a Zillow account and corrected all of the info on there about our house and uploaded a correct picture of the house as it showed a housen3 doors down as our house. I recommend doing that, and encouraging your neighbors to as well.

[Anonymous]

Anonymous wrote:When we refinanced my DH got a Zillow account and corrected all of the info on there about our house and uploaded a correct picture of the house as it showed a housen3 doors down as our house. I recommend doing that, and encouraging your neighbors to as well.

Why? Who gives two shits what Zillow says about your house? Who would voluntarily provide that kind of information to a site like that?

[Anonymous]

Anonymous wrote:

Anonymous wrote:When we refinanced my DH got a Zillow account and corrected all of the info on there about our house and uploaded a correct picture of the house as it showed a housen3 doors down as our house. I recommend doing that, and encouraging your neighbors to as well.

Why? Who gives two shits what Zillow says about your house? Who would voluntarily provide that kind of information to a site like that?

News flash every smart buyer looks at zillow and if the zestimate its higher or close to offering price it will help a lot. Maybe realtors should study what people do before they buy a house.

[Anonymous]

Meh. It's just an estimate. In many cases not accurate, in my experience, to wit:

We just sold our house for $395K, supported by bank appraisal. Zestimate is $368K. DC.

We just bought a new house for $900K, (amply) supported by bank appraisal. Zestimate is $768K. MoCo.