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Updated over 6 years ago on . Most recent reply

Gil Pang's profile image
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Gil Pang
  • from Queens, New York
  • Member since Mar 9, 2017
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Gil Pang's profile image
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Gil Pang
  • from Queens, New York
  • Member since Mar 9, 2017
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Gil Pang
  • Queens, NY
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How accurate is zillow home value?

Gil Pang
  • Queens, NY
Posted

Hi BP Community,

i bought my 2 family rental property for approx 75k and zillow is now telling me it is valued around 112k. 

how accurate is this?  if i decide to cash out refi, is this what the bank's appraiser will approx appraise it at?

thanks in advance

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Chris Mason
  • Lender
  • California
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Chris Mason
  • Lender
  • California
ModeratorReplied

Worthless number. When the CEO of Zillow sold his home, it sold for 40% less than his own Zillow estimate on his own personal home. 

  • Chris Mason
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