Zillow's model is wired. It strongly believes that all the homes within the same development should be almost the same.
When I was selling my house a year ago, I checked the zillow and my developement history. My development homes were built about 14 years ago. The prices from the builder were ranging from 20w to 40w 14 years ago because the footages of the homes were different, ranging from 3000 to 6000. But now when I check the zillow, all the houses' z-estimate prices are between 54w to 58w. What a joke! especially for my home, which was at the highest-end model when builder sold to the 1st owners, now my home's zillow price is the lowest within the development. I really don't know what's wrong with my home?
The good news is that in fact, I sold my house at a much much higher price than the zillow price. But the bad news is that my neigbor with much smaller footage sold their house at higher price than mine. The sad news is that I didn't ask much because I checked Zillow!
So never ever believe Zillow, the best way deal with Zillow is not even look at it.
When I was selling my house a year ago, I checked the zillow and my developement history. My development homes were built about 14 years ago. The prices from the builder were ranging from 20w to 40w 14 years ago because the footages of the homes were different, ranging from 3000 to 6000. But now when I check the zillow, all the houses' z-estimate prices are between 54w to 58w. What a joke! especially for my home, which was at the highest-end model when builder sold to the 1st owners, now my home's zillow price is the lowest within the development. I really don't know what's wrong with my home?
The good news is that in fact, I sold my house at a much much higher price than the zillow price. But the bad news is that my neigbor with much smaller footage sold their house at higher price than mine. The sad news is that I didn't ask much because I checked Zillow!
So never ever believe Zillow, the best way deal with Zillow is not even look at it.