Home › Forums › Closed Forums › Properties or Areas › Zillow gone wild?
- This topic has 90 replies, 13 voices, and was last updated 15 years, 6 months ago by
CA renter.
-
AuthorPosts
-
August 21, 2009 at 12:59 PM #447566August 21, 2009 at 1:54 PM #448101
UCGal
ParticipantI have no clue why/how zillow gets their numbers.
For example – my house. Same models on our street, also without any additions, are showing $100k or more higher than ours. All of these houses are 40+ years old. The only thing I can figure is that our front yard isn’t as nice. They sure as heck don’t know what the state of the inside is. For all Zillow knows we could have the most fantabulous decked out new bathrooms/kitchens with hand crafted hardword floors installed by artisons. How would zillow know?
Now, we’ve added a companion unit – which changed our deed status to multi-family. Zillow shows us as multifamily, but does not give us the added square footage. And obviously doesn’t give us the added value of having a detached 1 bedroom rental unit.
It doesn’t matter to me. I’m not planning on selling anytime in the near or longterm… we’re here for the long haul. But my house is proof that Zillow seems to pull numbers out of their butt. They don’t seem to have much credibility.
August 21, 2009 at 1:54 PM #447571UCGal
ParticipantI have no clue why/how zillow gets their numbers.
For example – my house. Same models on our street, also without any additions, are showing $100k or more higher than ours. All of these houses are 40+ years old. The only thing I can figure is that our front yard isn’t as nice. They sure as heck don’t know what the state of the inside is. For all Zillow knows we could have the most fantabulous decked out new bathrooms/kitchens with hand crafted hardword floors installed by artisons. How would zillow know?
Now, we’ve added a companion unit – which changed our deed status to multi-family. Zillow shows us as multifamily, but does not give us the added square footage. And obviously doesn’t give us the added value of having a detached 1 bedroom rental unit.
It doesn’t matter to me. I’m not planning on selling anytime in the near or longterm… we’re here for the long haul. But my house is proof that Zillow seems to pull numbers out of their butt. They don’t seem to have much credibility.
August 21, 2009 at 1:54 PM #448170UCGal
ParticipantI have no clue why/how zillow gets their numbers.
For example – my house. Same models on our street, also without any additions, are showing $100k or more higher than ours. All of these houses are 40+ years old. The only thing I can figure is that our front yard isn’t as nice. They sure as heck don’t know what the state of the inside is. For all Zillow knows we could have the most fantabulous decked out new bathrooms/kitchens with hand crafted hardword floors installed by artisons. How would zillow know?
Now, we’ve added a companion unit – which changed our deed status to multi-family. Zillow shows us as multifamily, but does not give us the added square footage. And obviously doesn’t give us the added value of having a detached 1 bedroom rental unit.
It doesn’t matter to me. I’m not planning on selling anytime in the near or longterm… we’re here for the long haul. But my house is proof that Zillow seems to pull numbers out of their butt. They don’t seem to have much credibility.
August 21, 2009 at 1:54 PM #447761UCGal
ParticipantI have no clue why/how zillow gets their numbers.
For example – my house. Same models on our street, also without any additions, are showing $100k or more higher than ours. All of these houses are 40+ years old. The only thing I can figure is that our front yard isn’t as nice. They sure as heck don’t know what the state of the inside is. For all Zillow knows we could have the most fantabulous decked out new bathrooms/kitchens with hand crafted hardword floors installed by artisons. How would zillow know?
Now, we’ve added a companion unit – which changed our deed status to multi-family. Zillow shows us as multifamily, but does not give us the added square footage. And obviously doesn’t give us the added value of having a detached 1 bedroom rental unit.
It doesn’t matter to me. I’m not planning on selling anytime in the near or longterm… we’re here for the long haul. But my house is proof that Zillow seems to pull numbers out of their butt. They don’t seem to have much credibility.
August 21, 2009 at 1:54 PM #448352UCGal
ParticipantI have no clue why/how zillow gets their numbers.
For example – my house. Same models on our street, also without any additions, are showing $100k or more higher than ours. All of these houses are 40+ years old. The only thing I can figure is that our front yard isn’t as nice. They sure as heck don’t know what the state of the inside is. For all Zillow knows we could have the most fantabulous decked out new bathrooms/kitchens with hand crafted hardword floors installed by artisons. How would zillow know?
Now, we’ve added a companion unit – which changed our deed status to multi-family. Zillow shows us as multifamily, but does not give us the added square footage. And obviously doesn’t give us the added value of having a detached 1 bedroom rental unit.
It doesn’t matter to me. I’m not planning on selling anytime in the near or longterm… we’re here for the long haul. But my house is proof that Zillow seems to pull numbers out of their butt. They don’t seem to have much credibility.
August 21, 2009 at 2:43 PM #447591Reality
Participant[quote=Eugene]According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.[/quote]
It is nice to fantasize sometimes.
August 21, 2009 at 2:43 PM #448121Reality
Participant[quote=Eugene]According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.[/quote]
It is nice to fantasize sometimes.
August 21, 2009 at 2:43 PM #448189Reality
Participant[quote=Eugene]According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.[/quote]
It is nice to fantasize sometimes.
August 21, 2009 at 2:43 PM #448372Reality
Participant[quote=Eugene]According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.[/quote]
It is nice to fantasize sometimes.
August 21, 2009 at 2:43 PM #447781Reality
Participant[quote=Eugene]According to Zillow, my house has gone up 150K in the last two months, and it stands at 210K above what I paid in January.
I keep an eye on comps and I can say with certainty that there’s zero chance of my house appraising or selling for what Zillow thinks it’s worth. But it’s a nice feeling nonetheless.[/quote]
It is nice to fantasize sometimes.
August 21, 2009 at 2:51 PM #447796propertysearchaddiction
ParticipantHomeowners love to quote Zillow
Homeshoppers love to quote CyberhomesThe reality is usually some where in the middle.
Classic example: 3722 Sq Ft
862 Genoa Way
San Marcos Ca 92078
3722 Sq FtZillow ZESTIMATE®: $746,500
Cyberhomes $575,000Here is the next door neighbor’s Zestimate.
860 Genoa Way
San Marcos CA 92078
3,728 sq ftZestimate®: $1,011,500
August 21, 2009 at 2:51 PM #448388propertysearchaddiction
ParticipantHomeowners love to quote Zillow
Homeshoppers love to quote CyberhomesThe reality is usually some where in the middle.
Classic example: 3722 Sq Ft
862 Genoa Way
San Marcos Ca 92078
3722 Sq FtZillow ZESTIMATE®: $746,500
Cyberhomes $575,000Here is the next door neighbor’s Zestimate.
860 Genoa Way
San Marcos CA 92078
3,728 sq ftZestimate®: $1,011,500
August 21, 2009 at 2:51 PM #448136propertysearchaddiction
ParticipantHomeowners love to quote Zillow
Homeshoppers love to quote CyberhomesThe reality is usually some where in the middle.
Classic example: 3722 Sq Ft
862 Genoa Way
San Marcos Ca 92078
3722 Sq FtZillow ZESTIMATE®: $746,500
Cyberhomes $575,000Here is the next door neighbor’s Zestimate.
860 Genoa Way
San Marcos CA 92078
3,728 sq ftZestimate®: $1,011,500
August 21, 2009 at 2:51 PM #447606propertysearchaddiction
ParticipantHomeowners love to quote Zillow
Homeshoppers love to quote CyberhomesThe reality is usually some where in the middle.
Classic example: 3722 Sq Ft
862 Genoa Way
San Marcos Ca 92078
3722 Sq FtZillow ZESTIMATE®: $746,500
Cyberhomes $575,000Here is the next door neighbor’s Zestimate.
860 Genoa Way
San Marcos CA 92078
3,728 sq ftZestimate®: $1,011,500
-
AuthorPosts
- The forum ‘Properties or Areas’ is closed to new topics and replies.