 Zillow valuations (by Gene [OH]) Apr 25, 2019 4:14 PM
 Zillow valuations (by David [MI]) Apr 25, 2019 5:11 PM
Zillow valuations (by DJ [VA]) Apr 25, 2019 5:45 PM
Zillow valuations (by JB [OR]) Apr 25, 2019 9:38 PM
Zillow valuations (by BillW [NJ]) Apr 26, 2019 8:04 AM
Zillow valuations (by 6x6 [TN]) Apr 26, 2019 10:52 AM
Zillow valuations (by TA [CA]) Apr 27, 2019 12:42 AM
Zillow valuations (by fred [CA]) Apr 27, 2019 2:01 PM
Zillow valuations (by Gene [OH]) Posted on: Apr 25, 2019 4:14 PM
Message:
I was on Zillow to find the valuations of my properties a week ago and went on a few days ago and saw some of the valuations drop $15,000 or more. Then I checked a day or two later and the valuations on most had come back up some. The same was even happening on the rental amounts. I wish I knew more about how they do their values. It doesn't seem to be by neighborhoods or streets as we would do our values locally.
Did anyone else notice this for their properties? --99.165.xx.xxx |
Zillow valuations (by David [MI]) Posted on: Apr 25, 2019 5:11 PM
Message:
zillow property valuations depend on a lot of variables, including sales in neighborhood. they should not be taken at face value. --50.4.xxx.x |
Zillow valuations (by DJ [VA]) Posted on: Apr 25, 2019 5:45 PM
Message:
Zillow valuations / comparisons to similar rentals are terribly inaccurate and useless.
If anything, they are hurtful - like when they compared my renovated 3/1 with a garage, long driveway & big fenced lot to a dinky, run-down 2/1 nearby with 1 street parking spot. Tried to say my rent was WAY to high! Not good for prospects to be told that. --68.10.xxx.x |
Zillow valuations (by JB [OR]) Posted on: Apr 25, 2019 9:38 PM
Message:
I saw the property value on one of my little house go from $309k to $259k in one day. Who knows what they are doing at Zillow. Makes no sense to me. --24.20.xxx.xxx |
Zillow valuations (by BillW [NJ]) Posted on: Apr 26, 2019 8:04 AM
Message:
I don't think Zillow estimates apply to rentals, as rental value is heavily dependent on rent, and Zillow is off on rents by 2 to 2.5 times in my area. --100.1.xxx.xxx |
Zillow valuations (by 6x6 [TN]) Posted on: Apr 26, 2019 10:52 AM
Message:
I don't trust there accuracy. --73.120.xx.xxx |
Zillow valuations (by TA [CA]) Posted on: Apr 27, 2019 12:42 AM
Message:
You could get two appraisals the same day and they could come back $15k apart or more. Zillow valuations are only as good as their input data. Often they have outdated information on the unit size and other important facts. Same issues with the properties used as comps in the algorithm. --73.15.xx.xxx |
Zillow valuations (by fred [CA]) Posted on: Apr 27, 2019 2:01 PM
Message:
You can't rely on Zillow. --99.59.x.xxx |
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