8th August 2007, 08:57 AM
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Junior Member
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Join Date: Aug 2007
Posts: 1
Credits: 0
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You get what you pay for and Zillow is a shot in the dark. They take county records and try to come up with comparables to compare with your house. The problem is county records are wrong a lot of the time and most of the time on older homes. Zillow does not take in account for condition and upgrades, attached garages turned into living space. Zillow also does not know the difference between GLA (gross living area above grade) and square footage (basement area) A lot Realtors don't seem to understand this also. That why they compare a 2500 GLA rambler or ranch with split-entry with 2500 sf of area that has 1/2 of the Sf below grade (basement area) and the appraisal comes in below sales price. If you want to know the true value of your home pay for an appraisal. You can have a RE agent run you some comps (same age, same style and same GLA and come close. But don't count on Zillow for a fair market value. Good luck
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