Why Zillow doesn’t reflect your home value after a remodel

/ / Published in Q&A - Home Selling Questions

Question:

“We fully remodeled our house over the past year, but the Zillow estimate is about the same. What’s wrong with their formula?”

Answer:

I tell anyone and everyone: Never, ever depend on Zillow or any automated valuation for your home value. In your case, not only are automated valuations inherently unreliable, but Zillow would have no way of knowing you remodeled your home.

Tagged under: , ,
Licensed since 1984, San Diego real estate broker Gary Kent is a recognized authority on real estate. In addition to selling over 5,500 homes for clients, he has been an expert court witness, trainer of other agents, and he does seminars on home buying, home selling, and investing. Gary has sold homes for The Salvation Army, dozens of major banks, and Fannie Mae, amongst others. You can find Gary on Facebook, Instagram and YouTube.

What you can read next

Should an Agent Be Paid Less If They Sell Fast?
Should an Agent Represent Both Buyer & Seller?
Not every power of attorney allows you to sell property

Leave a Reply

Your email address will not be published. Required fields are marked *