Bear Creek Reservoir Topics: Another interesting thing about Zillow
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Name:
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MartiniMan
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Subject:
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Another interesting thing about Zillow
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Date:
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1/30/2018 9:05:56 AM
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That is why I don't look at their home valuations. I simply use it to look at homes for sale, how they are priced and what you would get. However, if the details on your home are wrong you can change them for free. I did this for my son's home because it was missing the information from an addition that was built onto the back of the house that added a master bedroom and full bath. Made those changes and the valuation changed as well.
It would be interesting to see if their estimate of value is always high, always low or a mixed bag. I hope the estimate for my son's home is correct as it has appreciated in value by 20% in four years but I am skeptical. The vauation on my primary residence is consistent with the asking price of comparable homes in our neighborhood but again, it does not take into account the improvements we made to the basement where we added an in-law suite, wine cellar, bar and large family room. Not sure how much that should add to the value of the home but the estimate shows an increased value of 37% since we bought it in 2003.
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