Zestimate vs. Actual Price?

[Account Closed]

Hello, everyone!

Click here for the apartment on Zillow

An apartment in Chicago (built in 1962) was remodeled in 2016. The price of the apartment is listed as $209,900, but the Zestimate is $603,719. 

That seems to be a HUGE discrepancy - $200K vs. $600K. 

I'd love to hear what you guys think I'm missing, and which price you think is more accurate. 

Thank you in advance for your time! :)

[Nick C.]

These 2 are mutually exclusive and have nothing to do with each other. The price is the price. 

The Zestimate is a wildly inaccurate tool used to trick the general public into believing it has meaning, but its real purpose is to sell ad space to realtors. Zillow is a marketing company, their data is garbage.