Thread: Zillow
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Old 10-01-2007, 10:38 AM
Hey_Porter Hey_Porter is offline
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Join Date: May 2006
Location: Portland, OR
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Default Re: Zillow

[ QUOTE ]
I just poked around at Zillow for an hour or so, and while I know the "Zestimates" are a little faulty and "just a guide," my home seems to have appreciated almost $200K in the past year (no, not a veiled brag, because I am very confident it's just a screwup in their "proprietary formula").

In any event, upon further investigation, I found the Zillow discussion boards where there's talk of class action lawsuits and horrifyingly underestimated home values.

Does anyone have any experience using Zillow? I obviously don't want to call my agent to see if she can explain a 25% appreciation, as I imagine she'll smell blood in the water and talk me into listing it, which I absolutely do NOT want to do.

Any Zillow advice or testimonials or horror stories or anecdotes?

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Eh, it's anecdotal, but from personal experience I know of two homes who appreciated huge in the past two years, and sold in the past six months for in the upper regions of the Zillow range, and the other right in the middle.
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