U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-29-2011, 08:55 AM
 
1,343 posts, read 2,914,475 times
Reputation: 976

Advertisements

zillow thinks our house is worth $58000 less than what we paid for it 3 years ago.... ouch!
But they also think the house we sold is worth less than what we sold it for.... by $246,500.
Reply With Quote Quick reply to this message

 
Old 05-29-2011, 09:45 AM
 
747 posts, read 1,545,649 times
Reputation: 406
I was tracking a house (for fun) on 6 acres. It sold for $750k in 2008. They've been steadily dropping the price, now it's down to $460. Zillow estimates its value at around $350k.
Reply With Quote Quick reply to this message
 
Old 01-23-2012, 07:49 PM
 
Location: Union County, NC
1,891 posts, read 5,546,710 times
Reputation: 749
I thought this might be helpful:

North Carolina Data Coverage and Zestimate Accuracy - Zillow

shows that for Mecklenburg within 5% accuracy less than 40% of the time, and with over 6% margin of error. And that's from the company doing those statistics...
Reply With Quote Quick reply to this message
 
Old 01-24-2012, 12:59 PM
 
642 posts, read 986,697 times
Reputation: 640
I find Zillow most useful. I like it's map display. It's pricing is acceptably accurate when dealing with cookie cutter estate where the algorithms can raise or lower Zestimates based upon extremely similar properties nearby.

Do I rely on Zillow, no way. My realtor can get me a far more accurate price.

I also use Google Earth to look at the property from different angles and views. StreetView is also handy for seeing what sort of state the neaby front gardens are in. Looking at the cars in the area can also offer clues.

Zillow can also be quite inaccurate not only with pricing but also as to wheter a property is even on the market. My son has lived in his house for 5 years and Zillow still lists in as being for sale even though we have written to the big Z to have this updated.

Zillow is usually my starting point but homes.com, realtor.com, terravistarealty.com and even Yahoo or AOL realy sites are useful too.

The only true price of a property is what it actually gets sold for. In many cases, please read guess for estimate. You may spell estimate with a leading "Z" or not, as you wish .
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Charlotte
Similar Threads
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 06:19 AM.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top