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Zillow.com Check real estate prices

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Old 02-13-2006, 09:45 AM   #9
onlydarksets
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Re: Zillow.com Check real estate prices

Quote:
Originally Posted by FRPLG
100%?? Srriously what do you mean? Is the sales info off or are just the estimates?
The estimated value is 15% less than what I paid for it 3 years ago. It's probably 35% less than the sales price of homes similar to mine, minus improvements completed in 2004. It's 43% less than the assessed value of my home, and at least 50% less than the actual sales value of my home.

So, it's off by a factor of 2x for my house, which is 100% (or is that 200%?). It's off by a factor of 1.5x for houses without my improvements.
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