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"Instant valuation and data for 60,000,000+ homes"
http://zillow.com/
http://zillow.com/
How Accurate Are Zillow's Home Valuations?
- Thread starter Ivan Seeking
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Discussion Overview
The discussion revolves around the accuracy of Zillow's home valuations, with participants sharing their experiences and opinions regarding the platform's data and valuation methods. The scope includes personal anecdotes, comparisons to market values, and observations about the data sources used by Zillow.
Discussion Character
- Debate/contested
Main Points Raised
- Some participants note that Zillow's database may not include all homes in certain zip codes, leading to gaps in valuation.
- One participant expresses satisfaction with Zillow's valuation of their home, indicating it was accurate.
- Another participant critiques Zillow's reliance on tax records for assessed values, suggesting that these values do not reflect true market conditions and highlight inaccuracies in square footage.
- A participant mentions that Zillow's valuation for their property was lower than expected and does not account for additional features like a pool.
- One participant questions the valuation of a nearby property, suggesting that Zillow's estimate is significantly lower than their own assessment, and proposes consulting a real estate agent for a comparison.
- There is a humorous remark regarding the construction quality rating provided by Zillow, indicating skepticism about its meaning.
Areas of Agreement / Disagreement
Participants express a range of opinions about Zillow's accuracy, with some finding it reliable while others highlight significant discrepancies and limitations. No consensus is reached regarding the overall reliability of Zillow's valuations.
Contextual Notes
Participants mention potential limitations in Zillow's data, including reliance on tax records and the exclusion of certain homes from their database, which may affect valuation accuracy.
Who May Find This Useful
Homeowners, real estate agents, and individuals interested in property valuation may find the discussion relevant.
- #2
Evo
Staff Emeritus
- 24,114
- 3,277
They have nothing in my zipcode, not surprising.
- #3
Cyrus
- 3,246
- 17
They got my house correct. I was amazed! 
- #4
Astronuc
Staff Emeritus
Science Advisor
Gold Member
2025 Award
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I think they have whatever homes are in their database. They have mine listed with data from the tax records, and the price is the assessed value, which is under the market value, and they have the wrong square footage. 
So this stuff is just for reference.
So this stuff is just for reference.- #5
ray b
- 181
- 0
good link thanks
makes for a quick and eazy comp finder with the sat map
it got my house value a little low
does not add value for things like my big pool
makes for a quick and eazy comp finder with the sat map
it got my house value a little low
does not add value for things like my big pool
- #6
Pengwuino
Gold Member
- 5,112
- 20
The hell this house is worth $350,000. Maybe $250...
And the house on the street south of us at the corner.. they say $900,000... I say $1.2 million probably. Hey my mothers a real estate agent, why not ask her and we'll see how this site compares.
haha, "Construction quality: 8". I guess this scales out of 100
And the house on the street south of us at the corner.. they say $900,000... I say $1.2 million probably. Hey my mothers a real estate agent, why not ask her and we'll see how this site compares.
haha, "Construction quality: 8". I guess this scales out of 100
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