Quote:
Originally Posted by Rapscallion St Croix
Here is my experience with Zestimate. I put my house up for sale and asked $35K above Zestimate. Got a very near full ask offer on day one. Within a day or two, my Zestimate went up to match the offer. Zillow has no way of knowing about all the upgrades we had accomplished. Here is the kicker....within a week, my neighbors Zestimates started to appreciate. In my opinion it is a unsophisticated and flawed application.
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True, unless you need a county permit for an improvement there really is no public record of what has been done to your home. it's very easy to rack up $100,000 in improvements once you buy a home.