Zillow hasn't updated SF since a renovation, so we're about $300k off on a $750k house. As someone said well, zillow is completely full of zhit.

I just checked my Zillow estimate for my house and the estimate went down 7k in the last 30 days. that doesn't make any sense at all.... I wonder what they are basing this info on?

Good luck buying a house for the Zillow price. Congrats, OP. If you have a good house, it does not matter what Zillow says. It is only ball park. Sort of.

Anonymous wrote:Zillow is not a "lagging indicator" -- it is garbage.

Truth hurts on your house

Zillow is not a "lagging indicator" -- it is garbage.

Look at it this way: who do you trust more, the bank-hired appraiser whose employer has an interest in getting accurate information and who actually viewed the house, or a computer algorithm?

Zillow is only mildly useful for fly over states where the suburban houses are all very similar.

you should try to correct it

send zillow a support request

OUr zillow estimate is 500K too low. Ignore.

Mine is $100K above my appraisal from about 6 weeks ago, done for a refinance. Don't get me wrong, I'd be delighted if my house were worth $950K, particularly since OP would apparently give me $1.05M.

I just looked at the Zillow for my house and it is $300k lower than the current market - based on a recent agent estimate and sales in the neighborhood. So I wouldn't put much stock in the Zillow estimate.

Zillow is full of zhit. Did you look at comps? There's your answer.

Zillow is a lagging indicator. It is accurate but by 6 months late in the DC area where prices are going up very fast.

Zillow isn't worth the paper it's printed on.

Congrats on the house!

Am I a fool or is Zillow missing some critical info? Zillow does seem to have the total square footage correct including basement (even though the basement is unfinished).