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Updated about 5 years ago on . Most recent reply

User Stats

258
Posts
35
Votes
Kumar Gaurav
35
Votes |
258
Posts

Zillow skewed zestimate

Kumar Gaurav
Posted

When house hunting my first home I used zestimate as a ballpark estimate in placing offers .Now that I am planning to sell my home I see that zestimate is awfully skewed as other highly similar homes in my neighborhood are zestimated at a much higher price and and I presume most potential buyers perceptions are colored by the zestimate tool in zillow.Is there anything I can do to address this discrepancy in zestimate?

Most Popular Reply

User Stats

135
Posts
294
Votes
Bob Daniels
  • Phoenix, AZ
294
Votes |
135
Posts
Bob Daniels
  • Phoenix, AZ
Replied

Zestimate is trash.  I have a home in a subdivision with the exact same floor plan as the house across the street and that house sold for 220k.  All of the comps are right around 220k, but for whatever reason my homes zestimate is at 200k.  If I update the homes info (not change any information, just hit the update button) it instantly pulls a new zestimate for my house at 220k.  Then a week later it will revert back down to 200k unless I hit the button again.

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