Eppraisal vs. Zillow?

[Mikel Graham]

I'm looking various properties to potentially place bids on. However, I'm noticing a large disparity between the Eppraisal and Zillow values are some of the properties. Here's an example below...

Eppraisal: $60,456
Zillow: $16,800

How should I interpret this information. The list price for the property is $10,800 and in the auction phase (if that makes any difference).

Would this be worth going after at all? Why or why not?

Thanks,

M

[J Scott]

Get access to the MLS or to someone who has access to the MLS, and find your own comps. This is the most reliable way to determine resale value (and appraisal value, which is just as important these days) if you don't have a thorough knowledge of an area.