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Updated almost 8 years ago on . Most recent reply

User Stats

353
Posts
279
Votes
Ericka G.
  • Investor
  • Atlanta, GA
279
Votes |
353
Posts

Manipulating Zillow Values?

Ericka G.
  • Investor
  • Atlanta, GA
Posted
Is there a way to "manipulate" Zillow values? I'm under contract on a triplex and have noticed the Zestimate value swing from $164k-$200k back and forth over the course of several weeks. My hunch is that the owner or realtor is doing something to manipulate the estimate. I know that Zestimates tend to be less than accurate, so it doesn't really matter BUT if there are tips or tricks to help home values look better online, I'd like to know them ;) Any thoughts on this?

Most Popular Reply

User Stats

518
Posts
354
Votes
Jennifer Rysdam
  • Rental Property Investor
  • Cleveland, MN
354
Votes |
518
Posts
Jennifer Rysdam
  • Rental Property Investor
  • Cleveland, MN
Replied

I've really lost any faith in Zillow values in the last year. My own houses have bounced up and down constantly. My neighbor has a house for sale for $499,000 and zillow says it's worth $295,000.  https://www.zillow.com/savedhomes/for_sale/1159609...

It says that my house that I just paid $220,000 for is worth $186,000. Then there are horrible repo houses that I wouldn't pay more than $10,000 grand for that they say are worth $65,000.

I messed around with my listing some when I was selling to see if I could change it for the better and it really didn't make a difference. It will be interesting to see if anyone has any more insight into how they price them.

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