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Old 06-13-2006, 06:58 PM   #1
clickhappy
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Homeowners: how accurate is Zillow on your house?

check out zillow.com and put your address in and it tells you your homes value.
Is it accurate for you?
I dont know if it is for me, if so im scared lol. thought mine was worth more
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Old 06-13-2006, 07:06 PM   #2
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They couldnt locate any homes on my street LOL - and I would say they are probably tapping the tax valuation database so its going to be real low compared to real resale value
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Old 06-13-2006, 07:08 PM   #3
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Not compatible with my mac/Safari
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Old 06-13-2006, 07:58 PM   #4
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It's about 80% accurate I'd say.
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Old 06-13-2006, 08:02 PM   #5
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Seems pretty accurate for my house.

I think it helps if it is a neighborhood that has had recent sales...
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Old 06-13-2006, 08:03 PM   #6
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Seems to be off by about 10-15% + or - depending on what area's you are looking at. I've been using that site a lot lately and when I check out houses here in Florida it seems to be lower by about 10-15% than the actual real housing cost's.

I've also been looking at houses in Texas and there in a lot of areas it seems to be about 10-15% over the actual costs. So seems to be a nice guide but not 100% accurate.
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Old 06-13-2006, 08:10 PM   #7
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Wouldn't trust it at all. We have found that about 25% of the time it comes in comprable to an AVM, automated Value measurement, but AVMS are quite often far off from a full appraisal. If you need a value call up local realtors if you're thinking of selling or call up a local appraiser and he'll usually pull comparables for $50.
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Old 06-13-2006, 08:11 PM   #8
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it is exactly 100% dead on for our place....in fact it was $100 off of what we paid for this place a year ago
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Old 06-13-2006, 08:12 PM   #9
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Quote:
Originally Posted by Jace
it is exactly 100% dead on for our place....in fact it was $100 off of what we paid for this place a year ago

LOL, guess where they got the number then.....
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Old 06-13-2006, 08:14 PM   #10
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Originally Posted by detoxed
LOL, guess where they got the number then.....
LOL...yeah, no shit
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Old 06-13-2006, 08:36 PM   #11
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my last house sale price was off by 40k, but other than that it is very accuarate.
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Old 06-13-2006, 09:33 PM   #12
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TOTALLY wrong...my house has two more bedrooms and one less bathroom than Zillow found. Also, the house was appraised at $890,000.00 a month ago and Zillow says its only worth $620,000.00
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Old 06-13-2006, 09:38 PM   #13
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i own 3 homes. the one i live in is 15-25k low, my rental house is a little high, the house im moving to is the exact price i paid (they probably took the price i paid from records)
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Old 06-13-2006, 09:42 PM   #14
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10k over what we paid a couple months ago. some of the other ones nearby seam crazy, lakefront i've never seen less than 650 and they show several line 300's so i'm not convinced.
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Old 06-13-2006, 09:49 PM   #15
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the price it gave was about $100k off ... but if you look at the details it only based it on lot size ... so figuring in the improvements and pool ..shit like that .. the range it listed on the details page was a bit closer .. but still about $40k off on that page. I had the house appraised about 6 months ago ..
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Old 06-13-2006, 09:51 PM   #16
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Pretty innacurate for me. Historially all these houses around here go for almost double of what it's listing.
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Old 06-13-2006, 09:54 PM   #17
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it's about 300K low on mine
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Old 06-13-2006, 09:54 PM   #18
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showed every house on the street but mine..
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Old 06-13-2006, 09:56 PM   #19
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off by about 70K from my house
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Old 06-13-2006, 09:57 PM   #20
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it couldnt even find my home, and my neighbors home was off by $150k
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Old 06-13-2006, 09:58 PM   #21
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Off by around $125k here. Also all the info about my house is way off.
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Old 06-13-2006, 10:08 PM   #22
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$324,485 ... Just paid $325k for it, but the appraisal came in at $345k. Pretty spot on though!

Off on the other one though by $50k (on the same street), but it had the right specs!
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