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House For Sale - 76th / Sheridan area

Started by dioscorides, January 21, 2010, 02:32:19 PM

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waterboy

Quote from: ARGUS on February 11, 2010, 01:56:08 PM
As a full time Realtor my opinion on Zillow is somewhat dismal...old,incomplete information. Zillow has a margin of error upto 9%!

Beware of using it as a reliable tool of any kind. Here's an example of Zillow. My home. Wrong built date (I suspect they're using plat dates rather than build dates. Nothing around here pre-dates statehood). Wrong sq. footage(they seem to miss add-ons). Wrong #of baths. Wrong high school (this is critical, people shop schools). Checked on other homes in the area and most were also similarly wrong or suspect. The pic is 3 years old. Its not like this is hard to find info, this neighborhood is over 90 years old. Going to the courthouse would give you much better info.

Strangely, they were within 10% of my estimate of value. Its fun to look at but just not accurate and gives an unsophisticated agent or buyer too many reasons to low ball.

Conan71

Waterboy, Zillow will allow for owner-added information.  I don't know how much weight that will give to the value, but it will straighten out discrepencies in sq. footage, bedrooms, baths, improvements, etc.  You can even add your own estimate of the value and a "make me move" price.  It will denote anything you decide to edit as provided by the owner.  Still no more scientific, but it allows you to provide a more accurate description of your house.
"It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first" -Ronald Reagan

dioscorides

There is an ancient Celtic axiom that says 'Good people drink good beer.' Which is true, then as now. Just look around you in any public barroom and you will quickly see: bad people drink bad beer. Think about it. - Hunter S. Thompson