Quote:
Originally Posted by Rain Man
Zillow Home Value maxxed my home value estimate about 18 months ago in a big spike, and then it plummeted about 11 percent when interest rates went up. It recovered about half of that loss, and then last week it dropped three percent without warning. It popped up one percent this week, so now I'm about 9 percent off my peak. The peak was a big spike, though, so I'm still in good shape.
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Zillow is not at all accurate. They do better in homogeneous neighborhoods with tight ranges and similar floor plans, but can be wildly inaccurate in other areas....theyy do not know the details or conditions of your home, especially split levels or homes with finished lower levels