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Old 02-03-2016, 07:18 AM
Location: Mooresville, NC
191 posts, read 317,374 times
Reputation: 67


YES, it's really inaccurate and the reason that Charlotte Multiple listing Service no longer feeds data to the site, so it will only become more inaccurate. Realtor.com receives up to date information directly from the CMLS system and therefore can provide some pretty accurate information. You can claim your property and correct your information. If you truly want an accurate value to your home, have an agent provide you with a Comparative Market Analysis. Most agents will do this for free in hopes of earning your future business, or provide you with a link to access the local area for yourself. I recommend a CMA annually so that you can make informed decisions. This can also help you to check and make sure your tax/property records are correct, but you can access much of this information online through the county records.
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Old 02-07-2016, 07:03 PM
Location: Murica
819 posts, read 638,939 times
Reputation: 557
Originally Posted by LarryBGood View Post
Realtors that I know don't put much stock in Zillow or Trulia, and neither do I. Three of my properties appear on both sites and important information aside from lot size and date of construction is wrong. Photos are taken from Google and are at least seven years old. One tract was landscaped three years ago, another had changes to the facade, and another had a bathroom added. (Yes, city construction permits were applied for, so that information is available).

Worse, the two websites give conflicting valuations for each property.

There's voodoo involved in valuing real estate. Consider data from Realtor.com, then look at the county tax assessor's website to see what houses sold for in the neighborhood in question, and you'll arrive at a much more accurate value of the property, depending upon your voodoo skills.

Good luck
I only use abstract specs. Ones I pick personally I look at county and city records.

I've never seen a provider as populated as Zillow. Before Zillow I went straight to banks and a few realtor sites for abstract data and ended up with less data that didn't cover a lot of regions.
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Old 02-08-2016, 04:20 PM
164 posts, read 127,658 times
Reputation: 403
You can actually analyze the comps they used to price your home. We lived in a homogeneous subdivision that abutted a newer condo development. Because I was closer to the condos, they lowered my estimated value. The good news is that no one pays attention to their estimates in the marketplace.
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