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|Subject: Re: OT: house values...||Date: 2/15/2007 3:28 PM|
|Author: 0x6a74||Number: 2030 of 55778|
is it just randomly bad ...or systematically high?
There's an article about it in today's print WSJ. Basically, the more similar the house is to the comps, the better the estimate.
My house is a two-family surrounded by condos. When Zillow did the comps for my house, instead of comparing similiar two-families in the same neighborhood or even town, they used condos instead. As a result, their information shows a ridiculously low price for my address.
thanks. sounds like randomly bad.
wouldn't have really used the number anyway.
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