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Old 03-20-2018, 07:44 AM
 
Location: Finally the house is done and we are in Port St. Lucie!
3,488 posts, read 1,789,032 times
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On our new build all sites show as an undeveloped lot. The way it is now, it looks like the lot was sold (which it was) for $20,000 then sold again at $338,000. No mention of the house that was built. Still showing pictures of the undeveloped lot.

It's been over a year now.

Zillow shows estimated monthly mortgage payments of $67.00.

Amusing stuff.
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Old 03-20-2018, 10:52 AM
 
5,668 posts, read 7,260,887 times
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I think one of the areas where Surbiton has a point is that supposedly Zillow will even change the "history" of a home's zestimate, which would definitely be shady. Although it doesn't appear that is happening in this case...
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Old 03-20-2018, 01:20 PM
 
Location: Denver CO
18,975 posts, read 10,032,914 times
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Quote:
Originally Posted by GoPhils View Post
I think one of the areas where Surbiton has a point is that supposedly Zillow will even change the "history" of a home's zestimate, which would definitely be shady. Although it doesn't appear that is happening in this case...
Yes, that happened with me. I'm in a 3 year old house by a tract builder with blocks full of comparables in my immediate area. Yet for some reason, Zillow had mine valued at less than half of what I paid for it (and per the bank appraisal at closing, it was worth 10% more than I paid based on appreciation during the time it took to build). The other houses on my immediate block were lower than the purchase price, but not as low as mine.

Eventually they changed it, and when they did, they just wiped out all of those months of history. They are still on the low side by about 10%, but at least in the ballpark and not more than 50% off like it was before.
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