Lot size = N/A does not always mean detached condo. Often the data is simply not available via public records. Also, from a financing standpoint you may see a small rate increase for a condo. But it’s difficult to be specific on the increase without knowing the details of your financing.
I have evidence that they are both high and low (but usually high). I’ve had many Loan Officer’s using Zillow in their intitial conversations with borrowers. But we’ve found that degree of inaccuracy is not suitable to a good prequalification.
As a mortgage broker for over 10 years, I can tell you for fact that Zillow is a poor chice to find home values anywhere in the country. The numbers are simply inaccurate.
